LLL leo lithium limited
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They are taking out the $40M for tax purposes. I can’t believe...

  1. AlbertE
    4,791 Posts.
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    01/07/24
    17:54
    Post #: 74554012
    They are taking out the $40M for tax purposes. I can’t believe we have to pay tax. We sold it at a loss.

    so the First tranche of US $161 M translates only to 13-16c. instead of 20.5c had no tax been payable.
    “shafted” is the correct term.

    So the second tranche won’t have the tax component deducted.
    LLL Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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