Replies to post #103869 on Mr Cooper Group Inc fka COOP

[brembo]

I feel foolish... there is a relatively accurate determination for the settlement number then. I apologize!

[fsshon]

Yep I Agree w/ Billiam!! :-)

[jimmyturbine]

Great, short and sweet explanation. Thanks. Can this be save as a sticky note? With all the newbies coming here, they seem to always ask the same question, whats it worth?!
jimmy

[mperfection]

Thank you B. This is precisely the type of analysis I was hoping for!

Am I reading your numbers right? Based on 2x damages, after all debts and preferreds are paid ($11b) from WMI value of $52b, that would leave approximately $41b for settlement. Divide $41b/1.9 OS (Outstanding Shares), thus yielding a potential settlement pps of $21.58/share. Am I interpreting your numbers correctly??

[rramirez82]

Billiam, I'm showing 1.7B shares outstanding...how did you conclude 1.9B?

$41B / 1.7B shares = $24/share

[Chiron]

With last weeks court action, and the impending 4 billion decision, what's your timeline for settlement? Anyone? Just curious.