Two weeks after Strategic Finance fell into receivership its receivers, PricewaterhouseCoopers, are applying to delist the company's shares after confirming no amount will be available to pay preference shareholders.The company - an associate of the failed Australian financier Allco - had NZ$50 million of perpetual preference shares issued in June 2007, with a recent book value of NZ$47.7 million. In February 2009, Strategic's board cancelled all future dividends on preference shares and said it didn't expect to issue a dividend resumption notice until the moratorium expired.Strategic had NZ$40 million of ordinary shares with a book value of NZ$54.1 million.The receivers said the company has 10,000 debenture holders who are owed around $368 million, and around 1000 note holders who are owed NZ$22 million, and 66 depositors owed NZ$1.5 million.At December 2009, Strategic had total assets of NZ$232 million, which included NZ$221 million in loans.