SUNEQ

E

ET180

I have 100 shares of SUNEQ. The fact that they are still worth something suggests that common share holders may get something for them after bankruptcy settlement. What are the chances of that happening and if so how much could be recovered per share?
 
Seriously?,... you are talking about $10 here. You will not get anything for waiting. Shareholders are paid LAST in a bankruptcy. First bond holders, and creditors, THEN preferred shares if any and last is common stock. Take your $10 buy a sandwich and move on.
 
I know it's only worth $10. I've never held a company that has gone bankrupt before and I was curious about the process and who would buy common stock of a bankrupt company. If common stock holders were guaranteed to get nothing, then the stock would be worth $0 today.
 
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