I agree that a reconstruction wrecks the share price, at least,in the short term
Most companies do it so they can raise further capital but at least WMT has $18m in the bank and has good prospects. Probably will not raise capital straight away
Maybe they are really are trying to inject some apparent respectability into their share price as a lot of people will not buy 3c shares
If they go 3c or lower I will definitely buy more
WMT Price at posting:
36.0¢ Sentiment: Hold Disclosure: Not Held