Replies to post #468482 on Mr Cooper Group Inc (COOP)

[BBANBOB]

WHAT NEWLY BOUGHT SHARES, they can wait till WMIH is $10.00 to exercise those or at any price.

Don't make chit up

[tzebedee]

imo, they're locked up via escrow. That imo is one of two scenarios. 1. Pending escrow payment. 2. Total fraudulent scam attempt to steal all the spoils. 2., is doubtful imo.

[BBANBOB]

THIS IS ALL I was speaking of


"their newly bought WMIH shares?"


What newly bought shares, has there been an 8K(by WMIH) or anything to indicate (AT THIS POINT) they have concluded any such purchase?

Now they do have a few days to report, so guess we'll see.

As far as knowing about WMI, I know one thing for fact, This is not signed off on by the judge with a final gavel down, YET!
That to me is one of the most important things, because to me until it is, we don't know squat as to exactly what actually happened here.

There are several good theories on what COULD/SHOULD happen and what is supposed to happen by BK law, but until it does WHO KNOWS

[Donotunderstand]

that - low price indifferent - is a different situation

the 30 and 30 is one deal

the one based on price is the 500 Million or whatever infusion into WMIH that grants the capital infuser the right to exchange X $$ infused for shares down at a price per share - not a quantity (like 30 million). They get more shares the lower the price as its based on a formula

BK can better explain but there are TWO different situations as I understand it