Alright I'll do the work for you:
$163m in income tax for 2022 - after absorbing all prior year losses brought forward of $108m.
No more need for any more arguing from you - it is clear. They used up all their tax losses in 2022, they are paying tax on 100% of their profits for the current (2023) financial year.
When they say they will first start paying tax, that is literally when they make their first payment of tax - which is relating to the 2022FY.
It is clear you have a lack of understanding with income tax. By implying that PLS won't be paying any tax until March is absolutely ludicrous - that is implying that somehow they have sufficient tax losses to absorb around a $2.5 BILLION profit to March (on top of their profit they made in 2022). Do you really think they racked up that many tax losses over the years?
Ann: December 2022 Quarterly Activities Report, page-137
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |