Apart from "one offs" it has been a profitable operation for a long time. Also, higher development costs have impacted over the last couple of years. Once the business bas stabilised, it will clearly be profitable again on the back of still reasonable margins.
Tax loss time..... will your accountant will assess capital gain/loss nearing end of financial year? Always I would think. If you are carrying a stock like Corum that can be sold to realise a loss it can offset any gains and avoid paying painful CGT. Sure you can manage this at any time but there is always a lot more in May & June.
COO Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
