Hi guys，I am holding shares in Forge which is collapsed.and entered to the administration. I knew that I am losing all my money for surely，but still wondering what can i do for now？Just wait？
Hi guys，I am holding shares in Forge which is collapsed.and entered to the administration. I knew that I am losing all my money for surely，but still wondering what can i do for now？Just wait？
Once it is finalised usually take years, they release an announcement and make it official that this company is done done and dust, it usually list on this site http://www.delisted.com.au/
Money you lose you can now claim as tax loss, you can carry this forward as an investor until such time you make gain to offset it...
Once it is finalised usually take years, they release an announcement and make it official that this company is done done and dust, it usually list on this site http://www.delisted.com.au/
Money you lose you can now claim as tax loss, you can carry this forward as an investor until such time you make gain to offset it...
Hi guys，I am holding shares in Forge which is collapsed.and entered to the administration. I knew that I am losing all my money for surely，but still wondering what can i do for now？Just wait？
It's your money, so it's your call BUT. No one here knows your financial circumstances nor most likely do we wish to know.
So if you're down the gurgler by say $1,000 and that amount of loss is not going to cause you financial harm in the long run, I'd put it down to a learning experience and write the money off. If it's $500k, then presumably you would not be asking people on this forum for advice on what to do.
I realise the above seems callous but I am actually not unsympathetic. Just sit down, take a few deep breaths, gather information and then think about what you wish to do is the best suggestion I can provide. Remove emotion.