Some people here, though not all, seem to think that because the corporate entity has tax losses it could be bought (and those tax losses could be used) by anyone who wants them.
Anyone who does think that would be mistaken.
To utilise tax losses there needs to be continuity of business or continuity of ownership. Anyone buying the entity will of course not be able to prove continuity of ownership. Continuity of business would also not be provable by all but a couple of buyers. Unless someone who COULD demonstrate continuity of business were to acquire NUH, the tax losses are worthless.
- Forums
- ASX - By Stock
- NUH
- Ann: NUH Initiates Strategic Review Supported by $1.85M Cap Raise
Ann: NUH Initiates Strategic Review Supported by $1.85M Cap Raise, page-90
-
-
- There are more pages in this discussion • 61 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 NUH (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NUH (ASX) Chart |
Day chart unavailable