WMT western metals limited

WMT- today is the day!

  1. 29,202 Posts.
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    The new debt-structuring agreements come into effect today.
    I believe everything will be positive on the basis that all their operations are going smoothly- only the debt and hedging details need to be sorted.
    What worries me, however, is the large volume of shares on issue, and if a further "debt for equity" share issue is on the agenda what will be the dilution?
    Will we have a pre-issue restructure in that case?

    GZ
 
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