If a company has created a forfeited shares reserve, this means that: the company is expecting that the amounts unpaid will be collected in the next period. the company is holding the amounts already paid by defaulting investors in trust in order to repay them on the request of the investor. the company is not a member of the Australian Stock Exchange and its constitution does not require it to refund amounts already paid by defaulting investors. the company is a member of the Australian Stock Exchange and is required to refund amounts already paid by defaulting investors.