I am no expert in this area but do know ZYL went into VOLUNTARY ADMINISTRATION (only 6 months ago) which is a very different situation to LIQUIDATION. As many Companies re-emerge from Voluntary Administration to run very successful businesses for years, a shareholder tax loss cannot be claimed until a Company is liquidated.
ASIC Information Sheet 43 explains this in language we can all understand.
http://download.asic.gov.au/media/1339292/Insolvency_guide_for_shareholders.pdf
Hope this is of assistance. Have a happy day.
AL
ZYL removed from CHESS, page-6
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $89.47M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $63.75K | 3.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 291133 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 2171592 | 7 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AZL (ASX) Chart |