Ann: ASX Letter - Proposed Removal from Official List, page-88

"So basically each person pays $150 to Delisted.com.au so they can take your "worthless" shares for free so they make money from each person "selling" their shares to them for free and they also could benefit from selling those shares later on if the company relists or gets money from a class action lawsuit. Nice business model!"

Yes delisted have the best business model out.

Win win, and i guess for the punter it allows an immediate capital loss claim.

Great if one is flushed with huge capital gains, but i think in most cases, those investing(punting) in this end of the market probably don,t have huge capital gains,(some exceptions i guess).

If it was me i'd simply hang on and wait.

Sorry to all holders, they did not even get a chance of re listing.

drifta