Hey @Stretch06Assuming they do get delisted....First...

Hey @Stretch06

Assuming they do get delisted....

First notification will be an ASX announcement saying "Removal from the official list" or intent to... (it depends on the reason, but most likely due to not paying listing fees).

Fees were due at the end of July ($25K for BPG), So the next monthly 4C may show if they paid or not.

Then, shortly after, in your Commsec / Nabtrade or broker app/account you'll see your holding with a different status and nil value for a week or so.

Then they will just disappear.

You can't claim CTG until you sell them thereafter. In theory you will still hold shares of a ltd company, just not listed.

To claim CTG you can sell them on sites like:

https://www.delisted.com.au/sell-worthless-and-other-securities

You just need you chess/HIN or those details and fill in the form. Delisted charge $150 for this (yes, you have to pay them to take your shares).


This is all assuming they get delisted. IMO, if we get another monthly 4C and further announcements it's an indicator that they may [try to] stay listed, companies get charged to make an announcement on the ASX platform, so if BPG intend to delist, then outs not in their interest to put any effort into ASX Announcements.

Just an observation, I feel it's a goner.

hope this helps.