Replies to post #460328 on Mr Cooper Group Inc (COOP)

[goodietime]

"Awesome post except for the capping part . I think the pref/common split was 75/25"

The split was 75/22.5/2.5.

There is NO CAP.

If there WAS, the wording would specify that.

For example: 75/25 split 'UNTIL' X value is reached. IMO

How could the lawyers leave out something as important as that??

Make sense?