"it also said after delisting the shareholders are still entitled to sell and transfer their shares off-market to a third party; however, such a third party maket may not be liquid and shareholders are personally responsible for souring potential purchasers. the thing is who on earth will be stupid enough to buy these shares and where to find these nice people? and if lucky enough, how do we know the price at which i should sell? and how can we keep updated with the company's operations once it's delisted?"
Snowball, I think someone has already mentioned the website www.delisted.com.au On there you can get rid of your shares and crystalise a loss for tax purposes. Otherwise, just call any reputable broker and they'll be able to help you out. Just dont expect to be buying a Maserati in the near future with the "rewards".
IDG Price at posting:
$3.50 Sentiment: None Disclosure: Not Held
