Worthless shares you may sell

 

Since 2003 we have been acquiring Worthless Securities in companies that are no longer quoted on an Australian stock exchange.

While it may be an easy process for you, it has to be more than just a simple transfer between associated parties and should always be conducted professionally. Please proceed via the three steps below.

You should note we are directly licensed by ASIC and our service is widely recommended within the financial industry. Recommended because of our long involvement in monitoring and reporting on developments with failed companies, whether listed or delisted.

The shares and other securities we acquire, may be currently registered in your name or in the name of a custodian, for example Wrap platform shares. (We also acquire shares and other securities in unlisted public companies and in private companies which do not feature in the list below.) We recommend in all cases you seek independent professional advice before selling your securities, in this case your accountant is probably the best person.

The worthless share transaction should facilitate for you, the crystallisation of a capital loss for tax purposes and/or the closure of an account.

 

Step 1 - Scroll down to check your securities are eligible (last updated 14 March 2024):

(Email us to delistedaus@gmail.com if your company is not on our "eligible" list. Eligibility is determined by reference to the circumstances leading to a delisting or suspension, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing) and other factors. If "Status" is "Former Name" click on the company's name to ascertain its current name. If "Status" is "Listed" it is because the company's shares are illiquid. You should first check the current share trading status of a "Listed" company to ascertain whether your shares can be sold on-market.) Download a list of worthless shares companies in PDF format.

 

Step 2 - Read our Product Disclosure Statement.

 

Step 3 - Enter the details of your securities here if they are registered in your name, your private company's name or your SMSF's name

or

if they are registered in the name of a custodian (eg Wrap platform shares) please enter the details of your securities here.

 

 

UNLISTED PUBLIC COMPANIES and PRIVATE(pty) COMPANIES

 

Yes we do acquire shares in these companies - even if the company is in administration (but not in liquidation) - providing the shares are unencumbered and fully paid. Enter the details of your securities here if they are registered in your name, your private company's name or your SMSF's name.