Replies to post #468427 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

They have the right(!) to purchase 30.7 million commons from WMIH (new shares) @ $1.32 and another 30.7 million for $1.43. These do not come from the outstanding shares. They increase the outstanding shares by that number.

Explanation for warrants: http://www.investopedia.com/terms/w/warrant.asp