I agree. Seen before.
RATCH, a Thai company had 20% interest rates on parent company provided loans. The ATO eventually caught up with them because it is nothing more than a ploy for repatriating un-taxed profit.
So the interest rates have to be the high end say 13%-15% rather than extortionate to avoid ATO's wrath. The good news is there is all those spent funds (losses) to make up first before any tax. Has to be (guess) more than $100m or $1/sh.
- Forums
- ASX - By Stock
- Ann: Exceptional Results from Beasley Creek and Wedge-Lancefield
I agree. Seen before.RATCH, a Thai company had 20% interest...
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 132799 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 4616 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 132799 | 0.140 |
2 | 13400 | 0.135 |
4 | 135286 | 0.130 |
3 | 325576 | 0.125 |
2 | 90833 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4616 | 1 |
0.170 | 111060 | 3 |
0.175 | 11067 | 2 |
0.185 | 8430 | 1 |
0.190 | 17548 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online