outcome of creditors meeting, page-16

Albedo , It was mentioned that after 60 days following supension that MST is no longer on CHESS.
Scroll down a few to one of Muss24,s posts it explains it further.

Humpy , thinking now the dilution value may not be quite as bad as two percentage points.
A general figure ,if ASOF own 95% of shares on issue
then our shares could be considered worth 5% or more dont remember how many there were, of their previous value.
ie 2M by 5% =100k. 100k by .001 = $100

Otherwise there will be 100 Billion shares on issue @.001.
Has that ever happened on the ASX before ?
Im guessing ASOF will consolidate the company shares so our shares are about worth eg 5% or more of the consolidated value of the company ?