HHR 0.00% 0.7¢ hartshead resources nl

Q1 - 2024, page-309

  1. 269 Posts.
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    this article was from June 2022

    this is when the proposed tax advantages were instated I believe. Prior to this announcement hhr shares were trading at around 2 - 2.3c. They increased in value after this announcement occurred.
    now the tax advantage is potentially being taken away surely the fair value should return to the pre advantage price (2-2.3c) rather than the 1c price we have today?

    we also still have a window to access the tax advantages which is until labour win and change the tax. That could take 12months or more

    any comment would be appreciated if you know more detail.

    btw, when the company found out about the tax change in 22 they made a price sensitive announcement but when it was taken away no announcement at all???
    https://hotcopper.com.au/data/attachments/6013/6013885-880aa718694399ea1e172ac520d7d02c.jpg
 
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