Ann: Appointment of Receivers and Managers, page-30

Looks like will need to take profits on my W.A.silica sand start up miner that closed on a all time high today, to off set losses here. Went down with HIH & Pan Pharmaceuticals as well. Takes a while before all the paper work is done. Occasionally share holders get an offer from an unsolicited source to buy their shares for a nominal value. Keep an eye out for a letter in the mail about this but it might be well down the track.

Share holders cant write off the loss for tax purposes until notified in writing by the administrators. That process could take holders into the next financial year. This one is a write off folks as the administrators suck every last cent for themselves whilst conducting a fire sale.