Grateful to have found this thread, and I'm in much the same position.
Just got 2 letters from IGas, one to superfund I'm closing and another to an individual holding.
Bugger all information in the letters, maybe I missed something in the recent past.
The one to individual holding is a cheque for $10 (yahoo), which I guess is paying out a holding under 200 original 10p shares.
The other is a share cert for 40 shares (holding was 850 shares)- so 20/1 consolidation, not an additional 40 shares on top of the original. Am I right???
I would appreciate any light that could be thrown on this, fellow sufferers.
Lastly, scrap shares in a dying superfund can be written off by an accountant, I think, when it is being closed down.
DTE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
