It's very heavily taxed. On racing you've got turnover tax of about 2%, plus GST at 10% of revenue point of consumption tax at 10-15% of revenue. That's about 1/3 of potential profit going in fees/taxes, before the 30% NPAT is imposed on whatever profit remains after marketing costs, wages and IT expenditure.
. Reaper
Ann: BBT announces merger with betr & $20m equity raise, page-16
Add BBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $59.26M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 20.0¢ | 18.0¢ | $92.23K | 489.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 75339 | 5 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
19.5¢ |
Change
0.010 ( 5.41 %) |
||||
| Open | High | Low | Volume | ||
| 18.0¢ | 19.5¢ | 18.0¢ | 59061 | ||
| Last updated 15.57pm 17/06/2024 ? | |||||
| BBT (ASX) Chart |
