Replies to post #502925 on Mr Cooper Group Inc (COOP)

[Olti100]

Dont know how would the NOL Survive after this Dilution?The KKR would hold the Future of the WMIH Unless the WMIH Would release another 2B shares to the Previouse Escrow Holders on the basis of the Old Prefereds+Cpùùpn Holders which would nullify this huge amount of the WMIH Shares under the KKR+CITI ownership.Doubt Willingham would leave his chair on this terms for the KKR+CITI profit.

[Donotunderstand]

Hi

Thank you

I should have known that and likely did at one point

Your explanation was well written - completed and friendly too

Much appreciated

So for example - aside from any earnings etc. from mergers etc. - if the NOL of 6B is now worth about 1B (today dollars) and WMIH has 600 Million in cash--- the stock is worth about 1.6Billion as sort of book value

1.6B divided by a 663,000,000 shares is

$2.41 a share in a guesstimated book value

If one views the company as "using up all but say 300,000,000 dollars to acquire or merge or ? for say 40 cents a share in earnings ??????????? then it moves to 4 dollars a share or so ... but that is a WAG to suggest one can "maneuver some cash and maybe some borrowing and use of 6Billion NOL to produce a flow of 40 cents profit per year in a growing business