« previous next »
Pages: [1]

Author Topic: Basil Read - BSR  (Read 4762 times)

Bundu

  • Full Member
  • ***
  • Posts: 181
  • Karma: +3/-0
    • View Profile
Basil Read - BSR
« on: August 26, 2024, 11:10:36 am »
did anybody here own Basil Read (BSR) shares?
From what I understand, they were initially halted from trading and have now been delisted on the JSE.

Would one now be able to claim the losses from your trading gains?
Logged
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Basil Read - BSR
« Reply #1 on: August 27, 2024, 08:16:40 am »
I have Basil Read, no idea, the shares does not even show up in my portfolio anymore. Also I had no correspondence from anybody regarding my shares...
Logged
jaDEB

If it scares you, it's a sign you need to do it

Bundu

  • Full Member
  • ***
  • Posts: 181
  • Karma: +3/-0
    • View Profile
Re: Basil Read - BSR
« Reply #2 on: August 27, 2024, 12:16:29 pm »
So yours could also possibly be deducted off your profits if your broker provides you with documents for SARS
Logged
« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Basil Read - BSR
« Reply #3 on: August 29, 2024, 08:07:10 am »
Google AI : _

Basil Read's shares were suspended on June 20, 2018, when the company voluntarily entered business rescue. The company's market cap at the time was R59.8 million, down from R2.9 billion in 2007, when its shares reached R38.80. In September 2023, Basil Read was placed under business rescue again after filing a resolution under the Companies Act 71 of 2008.

As of July 8, 2024, Basil Read's listing was removed from the JSE, and shareholders became shareholders in an unlisted company. The last day to trade the company's shares off-market was July 2, 2024
Logged
jaDEB

If it scares you, it's a sign you need to do it
Pages: [1]
« previous next »