Company has debt of 1.3 BILLION dollars.
How much is it worth now?
Who knows, but certainly NOT dollars a share.
It will take several years to get back on its feet after this fiasco.
There are 7 lawyers companies intent on suing management for misleading in August about the situation of the company.(and filing for bankupcy a month later, LOL!)
So, what is their busines now? Anybody knows?
After paying their debts, how much will be left for operations? And who will lend to them after this historic failure?
What are they going to be producing, selling? BIG questions marks.
Be careful before you invest here.
I am not a financial advisor. Trade at your own risk. Dont trade on the basis of my opinions, usually I am wrong.