1 CHMT share for 4 CEMJQ shares sounds fair to me. Close to what it would have been had they treated the legacy shareholders fairly. The company was not bankrupt just caught in a credit mess that the shareholders bore the expense for. I too did well with this one but most companies that didn't fold did not profit from the BK process like Chemtura did and didn't slam the shareholders in the process. Reference PPC and Owens Corning.
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