..please READ my post again: I wrote accumulated so DYOR as to what this means, this is accounting 101.....
of course NET will make an accounting/trading PROFIT (as opposed to TAXABLE INCOME ) in the not too distant future. BUT NET will not be paying taxes as the company will be writing the current years profit off against accumulated losses and no taxes are paid till the accumulated losses are "written off"
if I have educated you enough...that means all the revenue is available for paying debts, expansion etc etc...
If you do not understand this much , you should not invest in shares...sell and put your money in a managed fund or super...this is too complicated for you to understand
- Forums
- ASX - By Stock
- NET
- Netlinkz Ltd
Netlinkz Ltd, page-26
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NET (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NET (ASX) Chart |
Day chart unavailable