SDL 0.00% 0.6¢ sundance resources limited

Ann: Removal from Official List, page-9

  1. 3,910 Posts.
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    Hi runfast,

    I'll preface this by saying you should obtain advice from an accountant that understands your personal situation etc.

    See below for the type of service available to sell unlisted shares;

    https://www.delisted.com.au/sell-worthless-and-other-securities/

    SDL is on their list of eligible shares to sell using this facility.

    You may want to consider the possible legal action etc underway though. However remote, there may be a chance SDL receives compensation.

    If you continue to hold the unlisted shares and SDL is wound up, a Loss Declaration letter will be issued at a point in the future by the administrator that states the capital loss can be claimed. See below for an example;

    https://www.investogain.com.au/LiqDecl/ABC%20Learning.pdf

    Such a letter may be years into the future depending on legal action etc.

    Cheers!

 
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