Chemtura Corp (fka CHMT)

[sullivot]

Here is a chart of stock prices at various dilution scenarios. Just an FYI, since we don't know what dilution, if any will be applied, or the price of the new equity. As Madclown pointed out, increased dilution isn't necessarily bad if it helps to eliminate debt (which would put a damper on equity value in the reorganized company.). There are a lot of factors that will go into figuring the true value of the company upon emergence.

 
                             Dilution 
        10%    20%    30%    40%    50%    60%    70%    80%   90% 
 Price 
 $25   22.50  20.00  17.50  15.00  12.50  10.00  7.50   5.00  2.50 
 $20   18.00  16.00  14.00  12.00  10.00   8.00  6.00   4.00  2.00 
 $18   16.20  14.40  12.60  10.80   9.00   7.20  5.40   3.60  1.80 
 $16   14.40  12.80  11.20   9.60   8.00   6.40  4.80   3.20  1.60 
 $14   12.60  11.20   9.80   8.40   7.00   5.60  4.20   2.80  1.40 
 $12   10.80   9.60   8.40   7.20   6.00   4.80  3.60   2.40  1.20 
 $10    9.00   8.00   7.00   6.00   5.00   4.00  3.00   2.00  1.00 
 $9     8.10   7.20   6.30   5.40   4.50   3.60  2.70   1.80   .90 
 $8     7.20   6.40   5.60   4.80   4.00   3.20  2.40   1.60   .80 
 $7     6.30   5.60   4.90   4.20   3.50   2.80  2.10   1.40   .70 
 $6     5.40   4.80   4.20   3.60   3.00   2.40  1.80   1.20   .60