When TON reissued a Rights prospectus in December last year- All...

When TON reissued a Rights prospectus in December last year-
All monies paid under "old" prospectus due date were REFUNDED and new application to be made.
Eligibility Date changed for qualifying in participation in new rights.

Therefore if SAME happens here there is a scenario that if one sold ones eligible holding to purchase heads and options at 12 cents. Then you COULD now NOT have a date qualified holding for participating in NEW Rights issue.
Conversely if you bought after the Old "cut off" date at 13/16 cents these new shares COULD qualify in new rights Issue.

I stress this is Possibility not FACT. Only Company Announcement will clarify the Definites.
But it's all a bit of a shambles by BSM Management AND Pattersons as their lead Broker. Lack attention to Detail bordering on incompetence both of them.

Siberians are muttering it could be down to the Brahmins in Graphmada too but that maybe too 'dark' for HC posting.