From the letter received:-
"The affairs of the Company are now fully wound up, and we will begin the process tofinalise the administration of the winding up of the Company and attend to lodging an endof administration return (Form 5603) with ASIC. The Company will automatically bederegistered three (3) months after lodgement of this document."
Further
"Assessable reserves – Revenue (including retained earnings) reserves and capital reservesarising from disposal of assets acquired by the company post-19 September 1985. Distributionfrom these reserves are a deemed dividend to members / shareholders by Section 47 of theIncome Tax Assessment Act. The attached member distribution statement sets out the details ofthe assessable reserves portion of the distribution and the extent of any franking and imputationcredits."
The amount received was $0.0135728/share (f.f.). The franking was a nice bonus.
Your comment re taking loss this financial year, it would appear by the letter that either scenario will be achieved by 30th.June.
Good to see there is some interest still in the thread although it's days are numbered.
From the letter received:-"The affairs of the Company are now...
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