The ASX listing rule is that if you have been suspended from...

The ASX listing rule is that if you have been suspended from trading more than 5 days in the previous 12 months (such as BBX), any shares issued before completing a short form prospectus to "cleanse" the market cannot be traded for 12 months. Hence all the options that were exercised by Drake and Directors recently (which was a hugely positive vote of confidence from insiders) were in that category. Clearly they were too busy to worry about that admin at the time and were more focused answering AsX enquiries to be allowed back trading. This is the housekeeping so that all those shares that were issued aren't restricted, which no doubt Drake would have requested as a condition of exercising.