BCN 3.85% 2.7¢ beacon minerals limited

Ann: Beacon to Pay Fully Franked Dividend, page-45

  1. 230 Posts.
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    As I said before 'IMHO we need to take over a company that has sizable accumulated tax losses to offset our profitable mining operations. Then up to the 30% of profits we would have paid in tax should be used as a Share Buyback to support the share price and reduce the SOI. This is very equitable for all shareholders. We just need to do it.'
 
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