What happens when shares in a company are worth Zero?

[p45]

This morning shares at a major Irish crystal/glass manufacturer are at 0.02. If they reach zero what happens?

 

[j26]

I'll put in a buy order to buy the entire company

 

[jhegarty]

they can't really reach zero...

don't forget .02 to .01 is a 50% drop in the value of the company, .01 to .005 is another 50%....etc..etc..

 

[ClubMan]

they can't really reach zero...

What if the company folds?

If the shares become worthless then this key posts might be of interest:

Getting CGT loss relief on unsold shares