The prospective SI is simply going to agree to purchase $2M at either:
1. Price X (at say 1.5c); or
2. At a 25% discount to 15 day VWAP following the lifting of the suspension.
The market will converge to what ever price the SI sets as per 1 (as there will inevitably be another CR for shareholders at this price).
If it was as simple as just suspending trading to protect the VWAP (enabling companies to raise at a lower cost of equity (higher share price) than all companies would just go into suspension).
Please try and use your brain before posting again or your back on ignore.
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
