GXY
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0.00% $5.28 galaxy resources limited

Ann: 2020 Annual Report, page-12

  1. GCar
    13,619 Posts.
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    15/04/21
    20:24
    Post #: 52500821
    @Thesi

    Careful with your tax maths - you cannot simply combine carried forward losses with cash on hand.
    Like you mentioned elsewhere, the value is the 30% tax saved after offsetting future profits against those losses.
    Still significant, but not the same.
    Last edited by GCar: 15/04/21
    GXY Price at posting: $3.46 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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