Replies to post #533408 on Mr Cooper Group Inc (COOP)

[clawmann]

One reason for an RS is to expand the pool of potential investors. Many funds cannot invest or can invest only limited amounts in stocks with a pps under $5.

[jhdf51]

Reduce delist chance if share price gets too low..increase analyst coverage...i dont like em but it is what it is..

JHD.

[zulual]

There are 3.5B authorized common shares. After R/S, only around 0.1B shares on the market.
So, more common shares will be distributed to escrow holders. Together distribution with those authorized preferred shares to the preferred escrow holders upon the return of OFF BALANCE assets. IMHO