Australia's largest stock trading and investment forum Australia's #1 stock forum

BIG

Click for more information

0.00%

$2.22 big un limited

Administrators Report, page-85

First 85 Last

Share
Profile

Follow
Busy Bean

731 Posts.

318

13/02/19

19:51

Post #: 37428435
Share

Originally posted by Robot16: ↑

Hi mate,

You can contact the liquidator and get in writing from them whether they expect there will be any returns on the shares or what value that they could be worth. You can then use that and revalue the shares to that amount.

Run this past your SMSF administrator first though. In the past I recall doing that when I worked at an SMSF provider.

https://www.ato.gov.au/general/capital-gains-tax/shares,-units-and-similar-investments/investments-in-a-company-in-liquidation-or-administration/

https://www.ato.gov.au/forms/guide-to-capital-gains-tax-2017/?page=37

Cheers

Expand

Problem with that is that the company isn't in liquidation.

The DOCA was accepted and the company continues, although doing exactly what I'm not quite sure?!

BIG Price at posting: $2.22 Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

There are more pages in this discussion • 179 more messages in this thread...

First 85 Last

Add BIG (ASX) to my watchlist