AbitibiBowater, Inc. (fka ABWTQ)

[monda2frida]

nice: approx $1.2 billion in assets over liabilities, divided by approx 58m o/s, gives us a valuation of roughly $20/share-can you say UNDERVALUED!! AbitibiBowater and 31 units sought bankruptcy protection April 16 after U.S. lenders refused to accept a proposed debt restructuring. The company listed assets of $9.9 billion and debt of $8.78 billion as of Sept. 30 in its Chapter 11 petition.