I think the important part to take away from an actual delisting is that the company cannot officially re-invent itself until this 2 years is over.
ie they cant re-capitalize change the name and business / sector until this 2 year period is up.
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If you want to crystalize your loss and just move and so you can use the loss for tax purposes im pretty sure it can be done using this company / website.
https://www.delisted.com.au/
Personally for me i would rather offset the cost of my shares against my taxable income than wait 2 years for this to be re-capitalized at more than likely 100:1 ( usually the case with that amount of shares on issue )
So if you had 1 million units they would be turn into 10,000 shares, re-list at 20 cents = $2000
This is what i will be doing as i have a few million of these suckers at 0.006, I would rather take the 18k offset on my tax than have $6k 2 years time ( and thats still not even guaranteed )
Not financial advice but something to think about.
