CCU shares go walkabout, page-2

Sadly no. All that's happened is that shares have been transferred from CHESS to Issuer Sponsored. As usual, as a final insult to shareholders, the Administrators will milk this dead cow for many years to come. First they'll use up all the mined silver, then they'll hit large creditors for additional fees in the (false) hope that they may be able to salvage something for them, and finally they'll entertain many and varied recapitalisation "proposals". All this prevents shareholders from realising their capital losses as the company is never actually wound up.

I have one in my over-stuffed bottom drawer that went into Admin in 1997.

My mother had one from 1973 - received the final letter from Administrators (Administrators' children? grandchildren??) earlier this year.