that's a good point actually, the tax losses carried forward probably haven't been factored into the share price yet either? I guess when first iron ore shipped VMS recognise the revenue, then they can start releasing the deferred tax asset to the P&L, and it can be included in the market cap.. no point valuing it until a company is generating profit, which will be very soon for VMS! Does anyone know the total tax asset? VMS won't have to pay company tax for a year or two?..
"VMS" - Multi Asset Resources., page-1013
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1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $18.04K | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1802150 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1425947 | 5 |
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| CRI (ASX) Chart |