That is incorrect.
" subject to a restricted rate of utilisation "; meaning they can only partly offset yearly taxable income with this loss
The effective cash tax rate going forward will be approx. 27% (rather than 30%), as the fraction of losses to be utilized is approx. 11%. In other words, they can utalize these losses against approx. 11% of taxable income.
see here and onwards: https://hotcopper.com.au/threads/ann-appendix-4d-and-half-yearly-report-and-accounts.8157939/page-15?get_post=true&direction=previous
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64.5¢ |
Change
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Mkt cap ! $571.7M |
Open | High | Low | Value | Volume |
63.0¢ | 65.0¢ | 62.0¢ | $1.044M | 1.654M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 254513 | 64.0¢ |
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Price($) | Vol. | No. |
---|---|---|
64.5¢ | 3008 | 18 |
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No. | Vol. | Price($) |
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16 | 255991 | 0.640 |
11 | 127103 | 0.635 |
9 | 186235 | 0.630 |
7 | 262017 | 0.625 |
6 | 55056 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.645 | 6482 | 20 |
0.650 | 155903 | 19 |
0.655 | 101208 | 6 |
0.660 | 287470 | 11 |
0.665 | 81561 | 5 |
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