Your 1st possible point, large investor. I think QBL has the right to close/extinguish the CR. While some SH won't be happy to not partaking in CR, if CR was cancelled, having a cornerstone investor is what the COY needs, especially a big wig in the Industry. QBL needs this to strive and be recognized IMO. Expansion/$$$'s invested is detrimental to growth in this early stage.
Your 2nd possible point is also a good possibility too. A poster here not long ago mentioned his phone call, regarding canceling his/her partake in the CR.
Anyway I think LTers would be better off if trading started next year, Xmas is a terrible time to relist, with some investors/traders away from pc's while being on holiday, no smart alerts on news with new ASX code.
LBT Corp hey? You are good Luke, you are the first person here to mention them. I've kept my trap shut out of respect knowing you guys are soon to be trading.
Here's a great read, nothing to do with here but the AS X stock market in general, 4 parts, a guy with your thirst for knowledge I think will enjoy.