Well, from all the constructive commentary between negative sentiment investors and LT holders, I believe the CR is a big tick for virtually all stakeholders.
It signals they will potentially pay off that appalling Alto debt facility.
We will just have to wait and see. Hopefully this should also mean we won't see further shares issued to zero conviction creditors either.
In theory, this would remove the downward share price pressure created by the consistent share issues and provide abit more clarity to investors on the valuation if they don't need to dilute any further.
