Hi swan,
I think there is a round about relevance to the value of our investment.
If we have $200m in accumulated losses, it means you can make $200m in profits once you start producing before you need to pay any tax. Therefore, at a 30% tax rate the 'value' of the accumulated losses is $60m. This amount would be available for more investments or return to investors as dividends in the future.
If this is true, then it represents around 1c of our share price.
Any accountants or corporate types feel free to correct me if you wish.
IMO DYOR etc
Far Market Cap versus Money Sunk, page-7
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Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
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