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05 May 2025
| Name: | GLOBAL MINING INVESTMENTS LIMITED (GMI) |
| Now Called: | SANDON CAPITAL INVESTMENTS LIMITED (SNC) |
| Date of Listing: | 08 April 2004 |
| Date of Delisting: | 28 November 2012 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 28 November 2012.Legal Status:
ACN: 107 772 467
To our knowledge this is a current registered entity, not in any form of external administration. Subsequent to delisting it may have changed its name. If you have questions about your shareholding they may be taken up with us here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was delisted for reasons unrelated to either the takeover of its shares or the redemption of its securities. If you are seeking to crystallise a capital loss for tax purposes that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/. Any other enquiries relating to your securities should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Link Market Services Melbourne
Tower 4, 727 Collins Street Docklands VIC 3008
Tel : +61 3 9615 9800 or 61 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail
SPECIAL NOTE: from comments below there appears to be confusion among unitholders in the Global Mining Trust, your main asset is the units in this unlisted trust, you can view monthly reportshere and can download a form to redeem your units if you wish at their website - unitholders may also have received a share or a few shares in Sandon Capital Investments Limited but they appear to have arisen from the corporate entity that was resuscitated and listed on ASX subsequently | 25/03/2016 |
all resolutions at today's EGM were approved - a capital reconstruction (1:9000 consolidation) and name change will probably be the first steps going forward | 02/10/2013 |
it is our understanding that shares in the company were subsequently converted to units in the Global Mining Trust - those units apparently may be redeemed - if you wish to redeem your units or invest in this unlisted trust here is the link | 24/08/2013 |
delisted at the request of the Company as approved by shareholders at the Annual General Meeting held on 13 November 2012 | 28/11/2012 |
we understand the rationale for the delisting was that the company's share price reflected an unacceptably large discount to net tangible assets and the board considered that by "restructuring", shareholders would end up with units in a newly established unlisted trust that would hold the investment portfolio - we would like to hear from a unitholder (to admin@delisted.com.au) who believes the restructure was of benefit to them | 28/11/2012 |
we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - restructure with units issued in a Trust on a one for one basis - this corporate event may appear elsewhere in this company record | 27/11/2012 |
The securities of Global Mining Investments Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GMI | 13/11/2012 |
SPECIAL NOTE: from comments below there appears to be confusion among unitholders in the Global Mining Trust, your main asset is the units in this unlisted trust, you can view monthly reportshere and can download a form to redeem your units if you wish at their website - unitholders may also have received a share or a few shares in Sandon Capital Investments Limited but they appear to have arisen from the corporate entity that was resuscitated and listed on ASX subsequently | 25/03/2016 |
all resolutions at today's EGM were approved - a capital reconstruction (1:9000 consolidation) and name change will probably be the first steps going forward | 02/10/2013 |
it is our understanding that shares in the company were subsequently converted to units in the Global Mining Trust - those units apparently may be redeemed - if you wish to redeem your units or invest in this unlisted trust here is the link | 24/08/2013 |
delisted at the request of the Company as approved by shareholders at the Annual General Meeting held on 13 November 2012 | 28/11/2012 |
we understand the rationale for the delisting was that the company's share price reflected an unacceptably large discount to net tangible assets and the board considered that by "restructuring", shareholders would end up with units in a newly established unlisted trust that would hold the investment portfolio - we would like to hear from a unitholder (to admin@delisted.com.au) who believes the restructure was of benefit to them | 28/11/2012 |
we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - restructure with units issued in a Trust on a one for one basis - this corporate event may appear elsewhere in this company record | 27/11/2012 |
The securities of Global Mining Investments Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GMI | 13/11/2012 |
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| You have made a huge capital loss with your original GMI shares. From memory, you were able to "sell" the shares to realise your loss by donating your shares to a charity. There was a form to do this. | 26/03/2015 04:13:47 |
| what happened to the money invested in the portfolio .. as said in a previous comment .. fantastic portfolio .. surely if the portfolio was sold .. it should have given more than 98 cents for those who had up to 9000 shares that changed to 1 share | 13/10/2014 16:04:13 |
| what was wrong with leaving it on the asx .. seems that nearly 3700 invested has now become a miserable $0.98 .. well if that is what bell or sandon are good for .. I hope they get heaps of bad comments .. | 13/10/2014 15:56:57 |
| Does anyone know whether it is possible to sell one's shares in the TRUST that replaced GMI through anyone other than Bell Asset Management? If so, who? Thanks | 16/07/2014 21:03:10 |
| It is now Sandon Capital Investments Limited. My 2,000 shares became 1. | 23/06/2014 19:17:59 |
| GMI is a fantastic portfolio of high quality stocks. Very happy with my investment. | 14/05/2014 15:33:15 |
| what happening to my share in GMI, from 9,000 ($9000) to nil now. Can someone tell me? | 24/01/2014 18:36:04 |
| 1 for 9000 odd consolidation? | 09/10/2013 15:36:40 |
| Yes, we are shareholders in GMI, and we still have not been told when we can claim the loss. No end in sight, now back to work, Tu... | 18/09/2013 16:42:39 |
| Since there was a spinoff and shareholders received units in the GMI trust, we are technically still shareholders of the company so we can't realise any losses we have in the shares. I can't find any further information regarding the voluntary winding up of GMI. I did email them and there was no response. No success when I called them either. Do they even have an office? This reminds me of one of the final scenes in Boiler Room where there was just an empy room with all the phones on the floor. | 18/09/2013 16:39:32 |
| contact bell asset management directly for updates - the old GMI website doesn't work any more | 12/09/2013 09:57:04 |
| Don't bother emailing them or calling them. Their number doesn't work and they never reply to emails. | 17/07/2013 10:51:56 |
| I contacted the company and apparently the motion to wind up the company was not passed at the deferred meeting in April, so we cannot yet claim any losses. The company indicated that they would contact shareholders shortly. | 23/06/2013 19:25:27 |
| I am advised by our custodian that the meeting to wind up the company (but not the trust that replaced the company), has been deferred from that promised for Feb-2013 until Apr-2013. Any cost of GMI shares, not transferred to the BPF0029AU trust units cannot be written off as a tax loss until a liquidator officially clears such action. | 26/03/2013 15:47:55 |
| For some strange reason I haven't heard from the comapny regarding the restructuring and I was shocked to find out from ASX. the email could have got lost. I still haven't heard anything about my shares in GMI. I'll try to ring up the new responsible entity tomorrow and try to keep track of what has been happening to the restructuring. | 18/12/2012 17:12:21 |
Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 18/11/2011 | John Robinson | On market | 10,000 | $1.000 | $10,000 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Nick Fels | COO | |
| Lewis Bell | Director | 28/01/2004 |
| Lyn Gearing | Director | 14/10/2010 |
| Liesl Petterd | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| John Robinson | Chairman | 09/12/2005 | 20/05/2013 |
Date of first appointment, title may have changed.
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