not written off yet but close

the administrators say
Despite the Company being placed in Liquidation, it is still possible for the Company to be restructured.
Accordingly, I am currently unable to make the above declaration for shareholders. It is not likely that
such a declaration (if one is to be made) will be made prior 31 December 2009.

see the full annoucement

http://www.gtp.com.au/matrixmetals/inewsfiles/Shareholder%20Circular%2022_06_09.pdf


I would not place any bet on it going up again though. shame we could not claim the capital loss this year looks certain next year fellows.