Wow, some of you just can't grasp the idea that the BK filing was not just the impact of the Vernon smelter closure, nor does it include the European assets and liabilities where insolvency laws do not permit restructuring, only liquidation.
Now I could explain this to you further, but some would only claim that I am yanking somebody's chain so I will leave it to one of the incredibly knowledgeable posters who is always right and is a filthy rich, successful investor to explain it to you.
Just remember that in the first Exide BK which also separated Euro from U.S. operations, common shareholders in the Exide-of-the-day which was trading symbol EX got ZERO when the common shares were cancelled. This original BK also excluded Euro operations. Hint! Hint! The common shareholders got nada, zero, nil, poop, screwd, hosed, left holding the bag... oh, you get it.
Are you sure some of you more vocal posters didn't buy those dime shares and are looking to run them up so you can dump them on some unsuspecting dupe? I'm just asking...
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