Replies to post #103247 on Mr Cooper Group Inc fka COOP

[rainbow1111]

The calculation is based on common share equity AFTER all debts have been deducted. I have not looked at any of the figures other than these.

[The Yogi]

$13.41 Corrected Value of WAMUQ.

UltF, you are correct in that I neglected to substract the approx. $4 billion for Preferred Shareholders. The amount for The Creditors, however, is already included in the -$1.4 Bill Negative WAMUQ Common Stock Holders’ Equity. Therefore, substracting $4 billion for Preferred Shareholders (not including dividends), leaves approx. $22.2 Billion for WAMUQ Common Shareholders divided by 1.7 billion of WAMUQ Common Shares = $13.06.

The CPA on our message board might want to check my numbers.

[The Yogi]

The Prefereds (and dividends) and the Other Liabilites must be paid first before the common shareholders receive anything.