but thing is your common shares will be worth zip and assets sold to highest bidder .....Someone waiting in the shadows ....They wont be doing share swaps....too far gone ..from other disasters on sharemarket.
They will be able to pick it up for a song. I would imagine that selling all up would be in interests of debt.
instead of stripping it down ? Dunno time will tell .......I have been caught in a couple over the years and feel for you all. Play the sharemkt with penny stocks and their is usually a couple out of ten that take you down .
Good luck all, I hope I are wrong and a miracle happens....!
NWT Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held