Hi all, Thought I'd share some info in case there is anyone else...

Hi all,

Thought I'd share some info in case there is anyone else on here in the same boat as I.

I called the liquidators at Ferrier Hodgson to check if they intended to make a loss declaration for VET ordinary shares before 30 June. They said they will NOT be making a loss declaration as it is too early in the liquidation, but that there is very little chance of a return for ordinary shareholders (hardly surprising).

For those, like me, who want to crystallise a tax loss in FY16, this is not great.

One option is to sell your worthless shares on Delisted (here: http://www.delisted.com.au/sell-worthless-and-other-securities). It costs $150 which is a shame but if you need the tax loss, might be worth it.

GLTAH