You have to wait until the administrators tell you they consider there will be no distribution to shareholders. Look at announcement for Octaviar (OCV) on 25 Jun 09.
You can also sell your shares to www.delisted.com.au but I have been in contact with the administrators and they are hopeful that NFL will relist so I would certainly not be selling the stock you own. Dont forget capital losses can be carried forward forever so if you havent got any capital gains this F/Y why sell your NFL shares just yet.
tax time question, page-3
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