Replies to post #659114 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

There will be no dilution, COOP is buying back their own shares since Q3 2020 (and Q4 and Q1 2021), and starting with August 1 they are going to buy back shares "in a more aggressive way" (as they said) if the PPS is still where it is today (or below). They can then buy back up to 50% of the outstanding shares! They are reducing shares! There will be no dilution. They have $672 million cash on hands, and after the Title365 sale closing this months more than $1 billion cash. And no, COOP will not issue shares to WMI escrow owners...

JWW,
Wait until the end of August, maybe and only maybe after the breakdown of WMI assets beyond insolvency, only after this dilution will a real price increase take place. Comical, Dilution and price increase !!!
Until the end of August there will be big internal movements of WMIH/COOP.
You are doing a great job daily, but at the moment it can't pay off, 31.August rings the bell.