EGO 0.00% 12.0¢ empire oil & gas nl

Urgent ASX intervention NOW, page-107

  1. 8,593 Posts.
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    I can tell you now for free.
    you can only claim a loss for tax purposes when you realise the actual loss.
    so you can sell the shares to a 3rd party. you don't need to do that on ASX, you can do that as an off-market transfer. get the form from Share registry or online.
    OR - you wait for the Liquidator to formally advise that they do not expect any return to shareholders.
    that usually takes ages.
 
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