Replies to post #563355 on Mr Cooper Group Inc (COOP)

[PickStocks]

These numbers are LTI:
$72 M = 1.4 M commons
72 / 1.4 = 51.43 $/per sh
Every 10 B return, common will get around 2.5$
51.43 / 2.5 = almost 20 times of 10 B almost 200B
Am I correct? Let’s wait and see.

These number are dead-on if we were receiving billions being distributed from LTI......I am not receiving anything from LTI............Lets wait and see what returns.......

[jerrylev]

I am not sure if the underwriters will get 72M in class 19 or 72M worth of P markers? I think it is the former.

[hotmeat]

The Underwriters have an approved $72M claim and based on a $1000 FV valuation in terms of shares they received 1.4M shares of WMIH.

It is exactly the same as retail holders who owned Wampq and Reits shares prior to the ED.

So yes it seems they received Escrow Markers as part of that allowed Class 19 claim.

As far as them actually receiving the cash they are in the same boat as we are.

Nothing is assured as of yet since the existence of that cash is unproven.