Replies to post #725648 on Mr Cooper Group Inc (COOP)

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Exactly, yes, the APR was a vital part to this otherwise commons would have been canceled in their entirety and the Waterfall would have stopped with Preferred

Also do not forget the important fact concerning Preferred is they were NOT reduced with the Reverse Split or previous reduction. So, as we speak, there are still ten million Preferred authorized and shelf-ready for immediate use unlike the 300M common authorized shares




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