WMC RESOURCES LIMITED(WMR)

former shareholders in this company may have unclaimed money arising from the compulsory acquisition of their shares - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service

delisted following compulsory acquisition by BHP Billiton Limited

we understand BHP Billiton was successful with an offer of $7.85 cash per WMC Resources share

in March 2005 BHP Billiton Ltd made a takeover offer for WMC Resources Ltd - shareholders received $7.85 for each WMC share they held - according to the Australian Taxation Office the date the shares were disposed of under the takeover offer was (a) 3 June 2005, if the shareholder accepted the offer on or before that date, or (b) the date the offer was accepted, if the shareholder accepted the offer between 4 June 2005 and 17 June 2005 and the acceptance was received by BHP by 7.30pm on 17 June 2005, or (c) for other WMC shareholders, in the 2005-06 income year, when BHP Billiton completed the compulsory acquisition - if the capital proceeds of $7.85 per share were more than the cost base of the share, the difference is a capital gain in 2004-05 - if $7.85 was less than the share's reduced cost base, the difference is a capital loss in 2004-05

in December 2002, WMC shareholders received one WMC Resources share for every WMC share held and WMC Limited changed its name to Alumina Ltd - Alumina advised the Australian Taxation Office that WMC Resources represented 46.30% of the market value of the group as a whole just after the demerger - shareholders who received WMC Resources shares should use this percentage to apportion the sum of the cost bases of their post-CGT Alumina shares between these shares and the post-CGT WMC Resources shares