Ann: Trading Halt-BSM.AX, page-8

have to leave you all to sort it out. I am highly likely to be offline for next few days. All I can think of is that the Rights Issue did not have the "usual" period for eligibility especially being un renounceable. It is common for such to have a say 7 day Trading Period before eligibility cut off. See recent MOD rights issue over last 2 months.
ie Rights Issue announced, eligibility date is a forward date meaning one can trade a rights issue proposal, new holders still qualify.
This is very different to a SPP offer that is closed to only existing holders.
Also think ASIC has gone all technical on trying to clean up shell rebirths, explorers morphing into tech co's, backdoor listing. Geezus other day saw ASIC had some proposals that NO Retail only Sophistos could participate in IPO Floats of a certain size.
Really trying for a Nanny State Share Market. Every kiddie/ninny wins a Prize!!

cazz try and not get suspended. just ask the do gooders sus of pattersons to propose what their alternative broker and system is for penny, speculative stocks floating.

gotta go