You actually cannot claim a tax loss until the company is actually declared bankrupt.
I was caught in CBD energy that moved to US and kept consolidating into new entities where I finally owned around US$10 from a $20k investment I applied for a private tax ruling to claim my tax loss.
No respect for shareholders from AOW management.
Talk to an accountant.
AOW Price at posting:
2.1¢ Sentiment: Sell Disclosure: Held
