So if BIG wishes to raise capital they have to do a full prospectus instead of an abbreviated one. Presumably the difference will be in costs to raise. The limitation is to last approximately twelve months from today. Not really a big deal in light of other issues.
What is interesting, however, is the specific date ASIC has imposed - 3 May 2019 - and the reason for it - failure to lodge HY report by 15 March 2018. I deduce from this that BIG has lodged its HY report on 3 May 2018. No doubt this is being gone over in detail before being released to market but it is a sign that things are moving forward.
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