Chemtura Corp (fka CHMT)

[wall_street61]

no, it means they are trading at $6+, and upon emergence you still have the same amount of shares, most likely still trading $6+, which in reality is 36% of the true undiluted value. Think of it like it should trade at $18, but dilution makes your shares worth $6.

All in all it shows that JBS thinks the company is worth a heck of a lot more than what it is on the books for,,,,,does that sound familiar here?????