Yes bill and that's what I would think will be the outcome ...huge dilution min SP growth.... huge volume churn for some time... followed by major consolation (sub billion shares outstanding) re-pump to the market
with re-rate .....so IMHO buy now and put in the bottom draw ...
ASX resource sector has many companies that have crashed to be reborn ....
Only wish I didn't buy opts the other day .3c ......
KBL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held