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VIDELLI LIMITED (VID)

Delisted from ASX 30/06/2009

SHARE PRICES

Former (or subsequent) names

 FROMTO
VIDELLI LIMITED11/03/2009
ERG LIMITED28/11/199411/03/2009
ERG AUSTRALIA LIMITED18/02/198828/11/1994
ENERGY RESEARCH GROUP AUSTRALIA LIMITED18/02/1988

Shareholder links

 

REGISTRY:
Computershare, Level 2, 45 St Georges Terrace, Perth WA 6000
Tel : +61 8 9323 2000 or 1300 557 010
Fax : +61 8 9323 2033
RegistryWebsite RegistryEmail

Company details

ISIN: w
Address: 247 Balcatta Road , BALCATTA , WA, AUSTRALIA, 6021
Tel:  (08) 9273 1100 Fax: (08) 9273 1208

Date first listed: 18/04/1991
Company Secretary: Mr Glen Smith
Sector: Technology Hardware & Equipment Industry Group: XIJ
Activities: Development and supply of automated fare collection equipment and software systems for the transit industry and technologically advanced smart card systems and services
company advises shareholders that resolutions for the cancellation of shares can't be considered at the meeting planned for 14 June (ASIC believes an Independent Experts Report is needed) and therefore there is not much point in attending the meeting 19/06/2012
delisted following the company's decision to seek removal from listing30/06/2009
we understand the company said in relation to the delisting "although Videlli retains a minority shareholding interest in Vix ERG Group, its main activity is the defence and counterclaim against the NSW Government. It is for this reason, unless the company commenced the de-listing process, it is most likely that The Australian Securities Exchange will suspend the Company from trading indefinitely on the basis that it no longer carries on the business that it was originally listed for or a business that justifies continual listing. The significant decrease in the volume of Videlli shares traded on the ASX each day is further evidence that the benefits of being listed on the ASX are minimal for both the Company and its shareholders. The Company's removal from the official list of the ASX will remove its listing fees and significantly reduce its compliance and share registry costs and allow the Company to focus on the Tcard litigation"30/06/2009
securities suspended following the company's decision to seek removal from listing23/06/2009
securities reinstated to quotation on Monday 30 March 200927/03/2009
securities suspended pending clarification of the audit report18/03/2009
name changed from ERG Limited11/03/2009

ASX Announcements (courtesy of ASX)

 

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The email address I provided in the earlier post must have been deleted by the system. If anyone is interested and believe my proposal will work please post your interest and we will have to make arrangements for further communication.

20/10/2017 14:03:34

There is still no sign that this company is ever going to be liquidated. This means shareholders like me will never be able to crystallize our losses and claim a capital loss. 

nn

I am proposing to any interested shareholders out there a way that may be mutually beneficial:

nn

I will sell to you my total shareholdings for A$1.00 and pay you A$5.00 as transaction fee and you will do the same (sell me your total shareholdings for A$1.00 and pay me A$5.00 as transaction fee) We will both do our own and at our own cost the off-market standard share transfer form and lodging this with our share registry

20/10/2017 13:50:42

If ASIC could not bring this board to trial for fraud, then what hope has it got doing anything about the banks, as Shorten wants?

09/08/2016 19:43:50

Vix Technology

30/10/2015 10:08:17

This is a true dog of a Company. Maybe they think previous Share holders have forgotten, past practises .

28/10/2015 18:52:56

?why has this company not been wound up. Paying salaries and fees for no end bebefit

28/10/2015 16:59:29
Does anybody know if Videlli deregistered now - I believe they lost their court case and there is nowhere else for them to go? This makes our shares worthless and we can now claim them as a Capital loss for p/e 30/6/2015?????18/02/2015 23:44:59
If all of us go to the Annual meeting to directly and personally question the Directors, maybe something can come out of it. Or there must be a quorum of people demanding the action of terminating the company such that we all can claim capital losses.28/10/2014 20:52:42
stop sending voting forms the forms are worth more than the shares.27/10/2014 15:54:46
Is the Chairman, Colin Henson, related to the Muppet guy?  Would make sense.  A company run by puppeteers!
22/08/2014 18:55:43
PLEASE CANCEL THESE WORTHLESS SHARES SO WE CAN CLAIM THE CAPITAL LOSS!!!!!!!!!!!!!!!!
22/08/2014 18:52:18
Please liquidate this company a.s.a.p., so we can cash the tax loss.06/06/2014 00:59:05

Just realised that I can use this site to dispose of these shares and crystalize the loss. Thanks.

Initially I was just googling to see what they were worth now that they were delisted and diluted so much.

12/03/2014 11:07:27
Yes I've received my one share for every 100. Now how do I sell them to realise the loss.12/03/2014 10:30:40
Does anyone know if there was a 100 to 1 Capital Reconstruction?
13/02/2014 10:27:52
Could not agree more with the comment on 7/2/14. Where is the money coming from to run this company and how do you get to talk to a REAL person?12/02/2014 16:11:40
the crooks are at it again!!
10/02/2014 18:47:47

Duncan Saville would love to have the shares cancelled, then he would get the company for nothing.

Who is paying for the cost of running the company and sending out all the correspondence?

There must be some value in the company.

07/02/2014 12:09:19
How do we go about getting our shares transferred so we can at least claim the loss?15/10/2013 14:18:44
I just think CEO gets pay, we get nothing25/09/2013 11:36:40
So , what does that mean ? We;ve lost the dosh and that's the end - kaput or what ?17/09/2013 20:50:22
Can anyone say when the now worthless shares will be cancelled?03/09/2013 13:39:04
Any news on shareholder action here since the case was "dropped"?22/08/2013 09:50:52
If shares now valueless why can't they be cancelled?13/06/2013 15:05:56
Since Duncan Saville now reaping all the benefits how about buying out shareholders13/06/2013 13:44:07
They shoot horses, don't they?  Why not put this mob out of their misery?  (Another frustrated shareholder)
11/06/2013 14:01:14
Why not relist and let shareholders decide what to do with there holdings? The company saving money for who?28/05/2013 08:34:26
Looks like the shares will continue, but just not listed on the ASX. Company wants to save money.29/04/2013 15:28:25
Don't blame ERG. The Tcard designed and set up by ERG in Hong Kong is a complete success.30/10/2012 15:52:23
Is the company over? Can I claim the tax loss yet? Or is it going to continue to drag on? Thankyou for your time.09/10/2012 21:35:41
I lost 50k, they taught me that buying shares is like going to the casino.26/09/2012 21:49:15
This company ruined me and my future
23/08/2012 13:15:02
18 May 2012 Information Memorandum for Shareholder, Cancellation of Shares . Proposed Meeting date 14/June/201227/05/2012 16:42:35

Company Updates

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Colin HensonChairman, Non Exec Director
    Duncan SavilleNon Exec Director
    Michael ClareyNon Exec Director
    Steve GallagherExecutive Director
    James CarollExecutive Director

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.