DMC, I agree with the following put together by Dmdmd1.
My calculations are in line with the proportion of initial WMIH you received after emergence (March 19, 2012).
For example:
If you had 1,000 WAMPQ x 19.8 = 19,800 WMIH
19,800 WMIH / 12 (Reverse split post NSM merger = 1,650 COOP
If new COOP shares are issued :
19,800 WMIH x 5.45 = 107,910 WMIH shares
107,910 WMIH / 12 (Reverse split) = 8,992.5 new COOP shares
So by issuing 8,992.5 new COOP shares it is in proportion with the original share structure of WMIH.[/b
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