but shareholders will not get the lian's share; The corporation will. They will pay out the dividends owed plus interest and share pricing will be restored to market plus.
meaning that whatever the price was prior to BK... and let us move prior to that... let's say 90 day pricing average before BK... that way if there was collusion in setting the price lower, 90 days out would be outside of the window of manipulation.
June 26 closing for WAMUQ was $5.0272.
Go from there... but also a reminder that WAMUQ had the banks at that time also. So that price would be more than adequate.