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AMP demutualisation

Discussion in 'General Investing Discussion' started by robert craig, 12th Sep, 2009.

  1. robert craig

    robert craig New Member

    Joined:
    12th Sep, 2009
    Posts:
    1
    Location:
    melbourne
    I have just found that i was an AMP superannuation policy holder when they demutualised in 1997
    The policy was inactive and they have just tracked me down
    I believe I should have recieved an allocation of shares at the time,
    does anyone know if I can still access these shares or the cash if AMP have sold them on my behalf

    RC
     
  2. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Hi Robert,

    You should ring the share registry ComputerShare on 1300 787 272.

    Cheers,

    Dan
     
  3. jrc

    jrc Active Member

    Joined:
    3rd May, 2007
    Posts:
    32
    Location:
    Western, NSW
    If you have shares you will probably find they are currently priced at less than the taxable value when AMP demutualised and listed so if you sell you are likely to have a capital loss you can apply against capital gains