Vantage Drilling Company Common Shares (VTGDF)

[Alpha1974]

Ok, Just a Speculator, then Vantage Drilling Company is not in a BK, they are in Liquidation in CI, which in that explanation the same logic would not apply.

Here is an example that contradicts your logic : Hercules Offshore, Inc. (HEROQ), which was HERO, but when it went through BK the ticker was changed to HEROQ the stock is still listed and has a value of roughly 5 cents.