I stopped following BIOAQ a good while ago. I felt that they needed to 100% confirm if they are going to keep the common intact or wipe it out. I have not been keeping up with it as of late so I'm not sure where they are at with things right now.
Usually the equity gets wiped out with bankruptcy stocks, but I have been in some bankruptcy stocks to where the equity remained intact. For me, it began to become too unclear with what they were going to do which changed how I felt about continuing to take the risk.
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