Replies to post #567915 on Mr Cooper Group Inc (COOP)

[Royal Dude]

They are breaking the Law and hiding the sausage, simple
Johnnyiwantsome Tuesday, 04/02/19 08:00:34 PM

Hotmeat,

I like differing analysis so how do you accommodate the following?
"A dismissal of disputed equity interests will result in a distribution to common shareholders of Reorganized WMI consistent with the allocation of, and manner of distribution of, common shares on the Effective Date. The shares and any cash that may be distributed on behalf of the shares are held in a separate escrow account that is not recorded as an asset of the Trust"

Just asking for your analysis not attacking.
Regards,
B

[hotmeat]

Those shares are not like the cash the LT holds/held. If those shares were recorded as an asset they could give an unstable outlook of the LT's assets.

Unlike cash, share prices are volatile, as evidenced with COOP now, and would cause fluctuations in asset value.

Or it could simply be that the amount of shares are so minimal they may have decided it's not worth it's inclusion as an asset.

Either way that account as the LT has already stated has a de minimus amount of cash which is what would be of most interest to us.