shareholders get nothing..not necessarily . Both ASIC and the...

shareholders get nothing..not necessarily .
Both ASIC and the court have to approve.
And given that the tax losses are so substantial ($1.0bn+) and that these losses inhere in the company [ ie shareholders] and that the continuity of its business test is easily passed any decent advocate against the compulsory acquisition should be able to argue for partial compensation to shareholders [[ 5% equity??]].
Time for shareholders to :
1.contact ASIC to establish their position
2.contact their federal member
3.set up a crowdfunding vehicle to recruit a suitable advocate( any tax accountant will suffice)