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Sell your worthless shares


04 Sep 10

This facility is now open for 2010/11 transactions.  Shareholders should note that deListed via its parent company holds an Australian Financial Services Licence (AFSL 334036) and that ASIC warns the public to "deal only with licensed businesses".

The transaction can be accomplished quickly and simply online by following the steps below. deListed pays a nominal amount of $1 for each parcel of worthless shares. Our Administration Fee for this service is $81 for one parcel and $56 for each additional parcel. If you wish to sell your worthless shares, the fee (net of the nominal amount of $1) is therefore $80 for one parcel, $135 for two parcels, $190 for three parcels, and $245 for four parcels. Shareholders or brokers wishing to process more than four parcels should contact us initially at admin@delisted.com.au .  

Wrap Platforms – For Beneficial Owners and their Advisers - In response to enquiries from retail investors (and financial advisers) in wrap platforms, we have modified our online facility to cater for their specific requirements. You do not need to be locked in to a capital loss in companies in administration. If you wish to crystallise your loss and you have invested through a wrap platform or any investment service where you are the beneficial owner (but not the registered holder) of the failed company’s securities, please download and read Assistance for Beneficial Owners .  

Shareholders wishing to sell worthless shares are required to take the following steps:

Step 1 - Read our  Financial Services Guide and Product Disclosure Statement.

Step 2 - Complete the Parcel Details for each parcel of shares you wish to sell. (we prepare all the documentation and send it to you for signature)

Step 3 - Make payment by credit card of $80 for one parcel, $135 for two parcels, $190 for three parcels, or $245 for four parcels.

Copyright © 2003 deListed. All rights reserved. Reproduction in whole or in part
in any form or medium without the express written permission of deListed is prohibited

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