To put that "opportunity" in focus, compare Exide to its nearest equivalent competitor, Enersys. ENS shares are trading a tad above $60 on around 45M outstanding shares. They net around $3.15 per share, and pay a $.70 dividend.
In broad terms, Exide upon emergence would need to be generating over $4 per share in net which at 79M shares outstanding would require a profit generation of around $300M after interest, taxes and any residual restructuring costs.
$35 per share? Maybe over time for newly issued shares if the old ones get exchanged for common equity in XIDEQ. Otherwiase, I don't buy it. Good luck, though.
JMHO.