BCN 0.00% 2.3¢ beacon minerals limited

Ann: Annual Report to Shareholders, page-7

  1. 95 Posts.
    lightbulb Created with Sketch. 78
    Is that correct? I can see they have accummulated tax losses of ~$7m and only have $300k income tax to pay this year after applying ~$2.3m in tax losses

    not sure how this works, but quite happy to not be paying excess tax this year or next by the looks
 
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