No, not for the moment. Under ASX listing rules, any company...

No, not for the moment. Under ASX listing rules, any company entering administration must have its shares suspended and removed from official quotation. The shares as they had been trading included Rex's inter-city business arm, which is going to be cut away, and creditors repaid. Essentially, the new Rex should re-emerge a smaller company with only its regional operations continuing. Shareholders will lose out overall but shouldn't lose everything as it should eventually relist, but at a lower price.