Can someone explain why the income tax expense is not offset against the $64m accumulated losses?
The $64 million in accumulated losses aren't actually losses, because every time a company pays a dividend it's subtracted from retained earnings or gets added to accumulated losses. Over the last 10 years alone McPherson's has payed out around $110 million in fully franked divs.
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Last
29.0¢ |
Change
0.025(9.43%) |
Mkt cap ! $41.74M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 130437 | 29.0¢ |
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| Price($) | Vol. | No. |
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| 30.5¢ | 10003 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MCP (ASX) Chart |