Hi
@T2CupAndHandle, there's a historic example of WMC recapitalisation in Jan'18 when they were BLK (below link)....
https://hotcopper.com.au/threads/ann-blackham-to-undertake-significant-recapitalisation.3939818/?post_id=29976917Although the current accounting numbers are different, similar predicament compared with the lead-up to the Jan'18 CR (i.e. Loan repayment obligations, lean gold production, insufficient sales revenue, precarious cash position etc). By the time the recapitalisation had washed through in early 2018, the SP was a much skinnier version of itself compared to its value before the Dec'17 trading halt, suspension & extended suspension.
Based on the historic 2018 recapitalisation & it's downward effect on the SP at that time, I wouldn't be at all surprised if the current SP goes for a dive well below $0.565 when trading resumes. Just a guess.
