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InvestoGain has grown out of the deListed operation which was established in 2002 by Tony McLean who had been Chief Executive of the Australian Shareholders’ Association (ASA) for the preceding nine years.
While the ASA's focus was understandably on the large listed companies, Tony had been very conscious of problems experienced by shareholders in the wake of company failure. Shareholders were left in the dark regarding the fate of their companies. The market was rarely informed of developments. Company directors denied responsibility and could not be found. Shareholders did not know who was responsible. They were unable to establish if there was any chance of a recovery. It was difficult to track down external administrators. Shareholders often waited years for a liquidator’s declaration, a pre-requisite to claiming a capital loss.
In May 2003, deListed began offering a professional service of acquiring worthless securities to facilitate the crystallisation of a capital loss for CGT purposes.
In November 2004, deListed began limited coverage of the New Zealand market and other small Australian exchanges.
In June 2006, deListed integrated listed companies with its existing databases to provide a seamless link from past to present with a particular focus on changes of name and other corporate actions.
In July 2008, deListed was absorbed into Investogain Limited, a new company formed by Tony and Brendan Birthistle, former Chairman of the ASA.
In January 2012, new websites were launched for deListed Australia and InvestoGain Australia and their counterparts in New Zealand.
InvestoGain and deListed in Australia are largely the result of voluntary effort. We welcome input and updates from investors, company officers, insolvency practitioners, regulatory bodies, registries and others to firstname.lastname@example.org.
…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters
Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date. I Brandli, Coffs Harbour NSW