SRS spicers limited
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301 million dollars tax defer asset

  1. DONACO88
    4,427 Posts.
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    09/05/17
    16:45
    Post #: 24575187
    The Australian arm have 301 million dollars tax defer assets, to offset against future profit. What a lovely take over target... imagine how much tax you don't have to pay..

    i suspect after conversion, Spicer will offload the Australian entity at above book value, and keep the profitable NZ and Asia entity.
    SRS Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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