WMC wiluna mining corporation limited.
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Ann: Deed of Company Arrangement Conditions Precedent Update, page-3

  1. newB
    7,841 Posts.
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    30/08/23
    19:16
    Post #: 69645895
    What ever a 99% or 50% dilution, to satisfy a "Capital Raising" the existing shareholders' cannot be totally wipe out.
    Otherwise it is "liquidation".
    But yes it's likely a big haircut for existing shareholders.
    WMC Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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