KCN 0.30% $1.66 kingsgate consolidated limited.

$733,688,000 Accumulated loss to off-set against future gains.

  1. 891 Posts.
    lightbulb Created with Sketch. 2235
    ** We also have a secret asset when the good days come in the future..

    $733,688,000 Accumulated losses on the balance sheet from the Failed Challenger/Dominion debacle to off set against future gains... That is a big Asset the market may have forgotten about, but will be very very valuable come Thai IPO time..tongue.png

    That's $733,688,000 future capital gains with ZERO capital gains tax to pay cool.png

    Add this to the probable 8 yr Thailand payroll tax holiday from the looks of the general Thailand Board of Investment incentives cabinet announced last week (Pan Asia Metals were explaining) , we should be a lean mean dividend paying machine!

    https://hotcopper.com.au/data/attachments/4610/4610075-2c6ba66f7f31955f14ae00d3d57c0579.jpg


    Could this increase our attractiveness as a takeover target ? what.png
 
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