Replies to post #691 on Vantage Drilling Company Common Shares (VTGDF)

[Alpha1974]

No! VTGDF shares are not worthless! Anchorage Capital as you know, has been paid in the deal of rearrangement of debt in common shares of VTGDF, which for roughly 3M$ traded into 1M common shares, the math is a little fuzzy. However Anchorage Capital is named in the VDI trust, which means 4% of the parent company. In those terms is all makes sense.

[Just a Speculator]

I have been away from this stock for a long long time , in my opinion , if any insiders or analysts saw a way to make money in this stock , the volume would be huge , because you could buy millions and millions of shares at this price knowing that a payoff would soon arise , in my opinion this stock is dead and the shares one day will be halted and never reopen, thus losing your investment , there is so much news and info on "vantage"
It's confusing to say if Vtgdf is part of or included in ... The shares of these other "vantage" companies "...
Like I said I've been away from this one for awhile .... But when companies "merge" shares of one entity into other entities of the same company ... Shouldn't the DF suffix be removed ? Or the symbol completely changed all together ? The last i read Vantage drilling was in liquidation ... And there were other spin offs or other entities of the restructured original company ... Buy Vtgdf were not included in those companies ... It was rather confusing for awhile you need your own lawyer to define what the hell people were talking about ...
So, I sold my shares ,and once in a while stop here to read ...
GLTA who are still holding shares but I think it's wishful thinking ...
Let me add that VDI is privately held ... What if ?? They never trade publicly ?
Then the 13% means nothing .