Ann: Update - Proposed issue of Securities - CPH, page-8

People may in a legal sense only lose money if they sell, but you can sell today for 15c or next week for 14c, next year for 8c, the year after for 2c, and the following year your shares are unsellable, held up in an administration process for a couple more years so you can't even claim it as a loss for tax purposes, it may explain why people may want to sell out; you don't make money until you sell either. Your remaining money isn't available until you sell. Your tax situation isn't balanced until you sell. If you realise it's a trash stock, why would you continue to hold?