Self managed super fund tips and traps
I’ve just hit a bit of a hurdle I didn’t know about, if a company you invest in goes belly up and delists they no longer have a HIN number.
So lo and behold your holdings are no longer able to be confirmed through Chess, but if the company stays as a non listed company you now need a SRN number, but they might not have one.
The cost might not make it worthwhile for the $hitbox company to fold the shell.
Well that becomes a problem for the SMSF trustee, because the shares still exist and…
