Even if that is true, it is meaningless because Quiksilver has over $1.2 Billion in debt. Which means the company is insolvent, and the common shares have no value. That is the most basic concept in finance.
Are you familiar with how debt and assets work? If your debt is higher than the value of your assets, there is no equity, which means the common shareholders have nothing. That is the case in Quiksilver. There is no value to the common shares, which is why the assets are being turned over to the debt holders and the common shares are being cancelled under the bankruptcy plan.