Replies to post #477489 on Mr Cooper Group Inc (COOP)

[garyhalvo]

How is that, if we only get $.25 for every billion. .25x130=$32.5

[es1]

Well I am not really talking about the 75/25 thing or the math.
I am specifically asking about payout expectations.
If commons were at $40 when everything was under control would a $30 per common escrow be an outrageous expectation?

Assuming the company was solvent at the time of BK.

[tcs5]

For ever 10 bil dollars coming back to the commons, they get $2.22(two dollars and twenty two cents) per share. freom that money, The rest go to perferred, except for about three cents per share that goes to Wimh, from the commons or they the commons would have gotten $2.25 per share.

[distrojunky]

Note from Edgar Sargent, confirming release number (about 1.2B)....


For the common shareholders, they are receiving 47,500,000 shares of which 4,165,750 shares go to the Dime Warrant holders, 2,631,933 shares are reserved for disputed equity claims, 693,806 shares will be distributed to Principal Financial on account of their claims and existing common will get 40,008,511 shares. For each share of existing common granting releases in the total amount of 1,194,340,178 shares, they will receive 0.03349842 shares.