About UNT

For those follow me but UNT.    The unt file bankruptcy   over weekend.   For those who purchased at arround  .26,   don't worry.   I actually buy more today.    In its bankruptcy plan,  it give shareholder  12.5% value of total bond value  7 year stock wanrenty .   That is,  it give 671m x 12.5% = 83.5m worth wanranty.    Which is about 1.52 per share.       The excise price is total at total company's bond value.

That is when ever the new company market cap exceed 671m,  above  your stock warrenty will have value.    You have next 7 year to excice your option.