It's already a fiasco.Fancy a trading halt then a suspension...

It's already a fiasco.

Fancy a trading halt then a suspension over a re-evaluation of assets. They obviously know they have a leaky boat.
Announcing to market after close on thursday before Easter, can only be bad news, much more than market was expecting.

Assuming debt covenants are not breeched, if this is only a book entry re, (read de), valuation, then it could be a buy with a spike down next week.

There have been several spikes down over the last couple of years that proved to be buys.