all aws shareholders please respond, page-29

Towie and others - as far as I understand it, you can't claim a tax loss on AWS until:

(a) you sell them at a loss, or

(b) they become OFFICIALLY worthless and are wiped from your portfolio.

The shares are essentially worthless at the moment, but not officially so. The company is in administration still. If it is wound up, and the shares de-listed, then THAT is when you can claim them as a tax loss.

And I certainly wouldn't be selling them to some scam artists trying to pick up shares on the cheap, for $1 and paying them $85 for the 'privilege' of doing so!

Until item (b) above eventuates, then we are stuck with a dud entry in the portfolio that we can't sell, but still shows up as being a big fat red figure every day! And we can't claim a tax loss for that.....