Thomas Cook Share Price (TCG)

On ( D )

1

On liquidation/admin all assets are sold to other parties in order to pay creditors
that includes intangibles like goodwill/brands, etc.
BTW - here goes that revived Thomas Cook brand:
https://www.bbc.co.uk/news/business-56893247
" Summer holiday demand shifts to autumn amid travel uncertainty "
<< ... ... >>

..Thomas Cook said autumn bookings were up 50% on normal levels, while luxury tour operator Kuoni said customers were "holding out for October half term"...

... Greek islands such as Mkyanos are proving popular, says Thomas Cook ...

... This has prompted a surge in autumn holiday bookings, with breaks in September and October accounting for 30% of Thomas Cook's live bookings for the year. That is up 50% on what the group normally sees in these months. ...

... According to Thomas Cook, Greece is the most popular destination for autumn breaks, with Rhodes the most in-demand island followed by Crete, Santorini and Mykonos. ...

.. Travellers swapping summer holidays for autumn ones .. Autumn bookings surge at Thomas Cook and Kuoni as travellers defer summer breaks amid travel uncertainty...
..
and so on.
but it you google Thomas Cook for news within last month - it will keep popping up over a whole range of popular yellow page media channels (Sky/Telegraph/DailyMail, and bung of smaller ones)

You'll likely be waiting for ever for TCG to appear on the HMRC negligible value list. If you search through it, you'll see that they've only made a single addition for each of the last 2 years.
My understanding is that you can make a negligible value claim, as soon as you have a reasonable expectation that an asset has negligible value.
That's what I am planning to do with my TCG loss, if I need to use it to reduce my gains at any time before the company is finally dissolved.

Be great to get an answer to this in time for tax year end - got some big losses I seemingly can’t use.