A couple of of details of the Appendix 4E that we’re of note to me and curious of how you or anyone else here may have viewed the below:
1. They was some discussion about the Company’s $20 million dollar loss carry forward and wasn’t sure how to interpret the accounting dialogue.
At a 30% corporate tax rate, the Loss Carry Forward against potential future gains would be worth $6 million AUS dollars in savings.
2. The nWay deal & Quidd closed last week within a few days of each other and curious as to what that might be indicating, if anything with the looming ASX deadline.
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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