Dime Bancorp Inc (fka DIMEQ)

[philipmax]

My understanding is that if you turn in your DIMEQ , your shares will be canceled and you'd get "something" (to make it a legal transfer you'd have to receive "consideration" , a couple of cents ought to do it) This will reduce the outstanding no. of DIMEQ outstanding. Your claim is satisfied and you're outa here.

If and When a favorable ruling is issued to LTW on appeal or Claims Court, the remaining LTWs will be entitled to the distribution. So the denominator is decreased and the distribution will be greater. IMHO only.