A delisting does not allow investment costs to be written off. The company is transferred from being a public company to a private one.
It is not until liquidation and the company has divested all assets and liabilities and thus dissolved can it apply to be deregistered as a company. After deregistration the tax office will allow a right off of the investment.
Thats my understanding of the tax rules anyway,
Ann: Response to ASX Query, page-74
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