each time they do their tax the fair value is adjusted they do not have to sell in order to pay tax I don't know the rules regarding oysters but it seems like they have to take a fair value estimate and pay the tax on that as a snapshot in time and it would be adjusted each time they do tax, so if one year they pay too much tax or too little tax it is adjusted in the next year's tax likewise if the value of pearls is adjusted downwards that would be a counted as a loss towards profits, sooner or later those paper profits become real profits but they do not have to become real profits in order to pay the tax , once again if the directors held a webinar these are things that they could explain to us who are the company owners
ATP Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
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