Isn't the usual purpose of having a shell is to keep the entity listed to save establishment fees for the new owners in it's next life?
It would appear not for REF
Under Listing Rule 17.15, any entity that has not paid its annual listing fees as required by Listing Rule 16.5 by 5.00 pm AEST on Friday, 27 August 2021 will be removed from the Official List with effect from the close of trading on Friday, 27 August 2021.
REF Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held