Pg 13 of the presentation has avg federal tax at phase2 of $110.3m per annum. At the 21% US fed tax rate, this implies a pre tax profit of $525.24m. Take away the stated federal and state taxes gives $400m post tax profits. That's AUD$615m at a 65cent exchange rate.
Roughly 50c post tax profit per share (assuming a big if of no dilution). But still gives a decent feel for the upside.
Pg 13 of the presentation has avg federal tax at phase2 of...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
