Replies to post #427524 on Mr Cooper Group Inc (COOP)

[fsshon]

It's a nagging feeling I have. I meant to say WMIH is in compliance with NASDAQ listing standards for a SPAC/V. If they pick up Banner, it is already listed on the NASDAQ. With KKR/Citi funds, these guys can make an acquisition like Banner happen. Banner has 510M in shareholder equity and 1.1B MV. Somewhere in the middle is where WMIH needs to be.

Banner had 240M in Rev last year. With an overall annual 4% increase with a nice Pacific NW footprint. It would also allow WMIH to have the facility to process and service the so-called FDIC assets.

Cheers
Blue

[the_pyramid]

"The target"!

Boris, LG - Please explain the phrasing for stupid laymans here, me too. Please..., make an effort. I´m serious, this time.

So your opinion is, that WMILT is for all involved investors, including WMIHC, the actual target. That sounds that the investment strategy is based on...i still don´t understand... the monetary revenues through WMILT by selling assets, or buying assets from WMILT and then...? Selling again? Selling for more profit?

Well, a merger with the Trust is not possible - see my last post as i quoted B. Rosens reply. But where is the sense to buy assets - yet before a merger is done?? You know on what the Serie-B is bound? With that instrument no money can be generated for the purpose of buying assets. What remains? The 3.5bln common shares (authorized or intended? i don´t know). So, do you say a portion of it will be transferred to Esc-accounts on exchange for WMILT assets? Is that your way how it should work?

The Crux - how can we know if WMI Holdings pays - and most of all KKR, CITI and Hedge Funds - a fair price then ? There is no reason to do so...

In short: a high/fair asset price - many WMIH shares, a low asset price ... well. I´m wondering...