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pinto270

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pinto270

Re: Renee post# 19

Monday, 03/22/2021 2:22:55 PM

Monday, March 22, 2021 2:22:55 PM

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bankruptcy plan contemplates no return for the equity. think this is probably a $0.

https://www.streetinsider.com/Globe+Newswire/Sundance+Energy+Takes+Action+to+Strengthen+Balance+Sheet+and+Position+Business+for+Sustained+Future+Success%2C+Commences+Financial+Restructuring+With+Lender+Support/18104693.html

"existing equity interests would be cancelled on the effective date and holders of existing equity interests are not expected to receive any consideration or distributions on account of such interests."
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