I was advised by IR on the 19th of May that 'discussions regarding the Company’s recapitalisation terms are underway and the Company expects they will be successfully concluded in the next few weeks at which time an announcement will be made to the market' so i think you're right to suggest blackout trading period would apply in such circumstances. Interesting no announcements yet, imo either they can't agree or the wtg and/or mb filing/ discussions are potential dependancies or priorities they want to action and possibly resolve first..
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