According to 2012 annual report,
Notional capital gains tax is around $13m,
Unused losses tax benefit is $9.5m,
Sub total. $3.5m
Less: tax loss incurred in 2012/2013 year, say $6m
Tax benefit $1.8m
Income tax for 2013 year $1.7m, not bad for such huge capital gains made from BRU.
Cash Backing 19c @ 31/12/2012, NSE halved in few weeks time.
Could bounce hard as instos always manipulate sp to bully retail investors.
I am looking to buy if hit 20c.
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