CVN 7.35% 15.8¢ carnarvon energy limited

outstanding 41 million in cash, page-5

  1. SCD
    3,438 Posts.
    SURELY YOU KNOW THAT tax is paid at the end of each financial year and not at the end of each quarter. Moreover, the company has the opportunity to write off against tax their development costs, etc so the amount of tax is greatly reduced and not a straight line equation against sales.
 
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