I find it strange that you would know all the value of assets and debt to be making bold statements like that as to what will be left and not left.
There is a secret source for this information. It is called...…..
SEC Filings!
Now that the secret is out, I am sure it will revolutionize investing! Everyone will immediately flock to EDGAR to see this magical and incredible font of factual information for themselves!
Bon-Ton even warns investors that the common stock is unlikely to have any value in those SEC filings. It must be magic!
But even without the SEC filings, the fact that they are not only bankrupt, but LIQUIDATING their assets for pennies on the dollar tells people that their business was not sustainable, the assets are not worth much, and there is unlikely to be any value for common shareholders. The SEC filings just confirm it.