Two options I see are: 1. Either you will have to call the administrators and try to get a statement that the shares have no value (Pitcher Partners, 08 9322 2022) or 2. Follow the instructions under section 3 here to sell the shares to realise the capital loss ($150 admin fee): https://www.delisted.com.au/capital-gains-tax/capital-losses-2018-2019
Here's more detail on the administration proceedings https://asic.gov.au/about-asic/news-centre/find-a-media-release/2019-releases/19-004mr-asic-applies-to-wind-up-traditional-therapy-clinics/
The Federal Court of Australia case number for this is VID1640/2018 , You can search the Victorian Federal Court register using this, which you can find here, https://www.comcourts.gov.au/public/esearch/disclaimer
The case was closed on the 14th June, so it seems it is going to be formally wound up. I don't know the regular process for these types of things, but I assume shareholders will be notified at some stage.
TTC Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
