Replies to post #727463 on Mr Cooper Group Inc (COOP)

[2221]

the 36 million coop shares Divided by releasing holder number. 1.2 B? Or 800 million? It's .04 coop share NOT $.04 so whatever that share price at conversion $50 ? $80? So .04x$80=$3.2 or .04x$50=$2 for each share released

[Split T]

2221, I vaguely remember someone posting the .0414252 number and it's had to do with KKR's conversion as I recall. Maybe someone else can provide real documentation as to it's relevance in our situation.

[xoom]

Also if you look at the number of your original WAMUQ commons, pre 2012 reorg, and multiply it by 0.03, you will get the number of your WMIH shares you got after reorg in 2012.
Some more were added from the disputed reserve, but that was a very small number.

So :
your original WAMUQ commons pre 2012 reorg * 0.03 = your WMIH shares ( converted from WAMUQ commons)