In reality the impact of the previous years profit adjustment...

In reality the impact of the previous years profit adjustment will not affect cash flows. Reports in the Financial press already state that.

The issue after the re open is how far the market is prepared to punish the company on the SP on historical outcomes.

It appears at face value anyway that the ongoing position and subsequent ratios etc related to bank funding, may cause angst with them on covenants etc. which they will need to decide on what to do.

In any event there needs to be some comfort to existing shareholders that ABC can be viable in the future.
The previous auditors may very well be a little nervous given possible accounting adjustments.