CLE cyclone metals limited
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asset sale - tax question, page-7

  1. ThinkinLoudly
    3,802 Posts.
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    19/04/13
    05:55
    Post #: 11664092
    Tri... I think the form of distribution is fairly moot when the company is / has paid tax. Franking credits will be available for any dividend distribtions.

    Moreover, I doubt the tax office will miss them!

    But personally, I'd rather they keep the cash to further develop Marampa / negotiate settlement of MCC

    time will tell i suppose
    CFE Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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