Ann: Trading Halt, page-5

hello hanofee...
If the decision is in GCY’s favour NRW should rise in my opinion...
see a report from The West on June 18 here: https://hotcopper.com.au/posts/45303765/single

..... “To recapitalise Gascoyne, FTI expects a placement of new shares to raise $70 to $80 million.​

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Gascoyne’s contracting company NRW has also agreed to restructure its secured debt and to release all claims against the Gascoyne group regarding its pre-administration debt of around $32.7 million.​

Under this agreement, the debt would be repaid with an upfront payment equal to 5 per cent of gross proceeds of the equity raising, a debt equity conversion equal to $12 million under the entitlement offer or a contingent payment equal to the $32.7 million​

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The contingent amount would be payable quarterly, commencing in January 2021.”​

....if you scan through the rest of the thread you should be as much up to speed as most of us here

cheers