That’s a great question! I would assume that the company would have to pay tax on any income received? 25% as the company has not turned over more than 50million this year. But I guess with sale going ahead, as it will be more than 50million, it would be taxed at 30%. (Would help a tiny bit with the governments debt haha) Which would mean less $ per share price for investors.
I don’t know if that is true. Will need someone with some expertise in that area to comment.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.