Replies to post #66833 on Chemtura Corp (fka CHMT)

[Madclown]

Back in May I stated:

"I show that, based on the remaining funds within the various pools, the max distribution we could see going forward would be about $0.24 per share based on a CHMT share price of $13.45 as defined by the POR."

The actual total per share distribution

[Madclown]

Back in May 2011 I stated:

"I show that, based on the remaining funds within the various pools, the max distribution we could see going forward would be about $0.24 per share based on a CHMT share price of $13.45 as defined by the POR."

Obviously that statement reflects a best case scenario but it was viewed in terms of if we got all of the remaining funds and that is not likely. The actual total per share distribution will be dependent on how well the reorganized Debtors do with the disputed claims vetting process and the overall value of those distributions will be dependent on the price of CHMT.