selling ceres30 Oct 2012 11:23
there is one good reason for selling Ceres before it ceasing trading, if you do so you will create a capital gains loss, which you can use to offset any capital gains liability on capital gains either in this financial year or future ones.
if you dont sell and you want to offset your losses here against gains, then you have to wait until the inland revenue accepts that the shares in Ceres power are worthless, which could take years.