Yes. The last price at closing on the ASX was 4.1 cents and there was a requirement to elect to hold otherwise it was under $500 and formed part of a consolidated sell off and funds were to be remitted to your trading account less costs. The the sell price was around 8 cents a share. You may wish to check if funds have gone into your account as the sale was completed a while ago. Being under $500 without election you won't be getting a letter. Hope this helps as quite a few people had this happen. Best wishes.
IHL Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held