Yes a lot of people don't understand that if you purchase another company you can add on your books an additional intangible asset associated with it ,that has not been not paid for. And then write it off when you like. This lowers taxable income and saves taxes. I agree that people who do not understand this may miss opportunity's like Jatcorp due to lack of due diligence. The intangibles run out eventually and Jatcorp will be left to pay taxes on increased taxable income. It will then be obvious to all how much Jatcorp is making.
GLTAH DYOR
Ann: Trading Halt, page-86
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Last
51.5¢ |
Change
0.005(0.98%) |
Mkt cap ! $42.88M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 51.5¢ | $1.116K | 2.167K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5347 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 948 | 1 |
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| Last trade - 15.54pm 07/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |