No it will still be suspended but will be exempt from relisting @20c like with IPO's........it can get away with only 2c.......most shells have had to consolidate anyway in order to re-list.......the new rules have just tightened things up....
http://www.hopgoodganim.com.au/page...lose_on_ASX_back_door_listings_-_25_May_2016/