"The Company now requests to remain in suspension subsequent to the release of this ASX announcement, pending the release to the market a separate announcement in respect of a financial restructuring."
--
Hopefully they have a different meaning for the term "financial restructuring" because every search comes up as a methodology for digging a company out of serious trouble.
KPMG:
https://home.kpmg/xx/en/home/services/advisory/deal-advisory/deal-advisory-our-capabilities/financial-restructuring.html
Nortron Rose Fulbright:
https://www.nortonrosefulbright.com/en-au/services/d75697d4/bankruptcy-financial-restructuring-and-insolvency
Investopedia:
https://www.investopedia.com/terms/r/restructuring.asp
Buchler Philips:
https://www.buchlerphillips.com/financial-restructuring
Fulcrum
https://www.fulcrum.com/financial-restructuring/
These are just some examples...most indicate it is the last step taken before declaring bankruptcy.
