You're right.
It would be more cautious to look at a PE based on a normal tax rate.
At the same time, they still have a significant level of tax loss carry forward (tax losses not recognised of 4.3 m$ at the end of FY 24).
So they are not going to pay a normal tax rate before FY 26.
This absence of tax is also helping a bit their cash flow.
Ann: Preliminary Final Report, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
76.0¢ |
Change
-0.155(16.9%) |
Mkt cap ! $69.51M | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 91.0¢ | 72.5¢ | $209.1K | 259.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3951 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 11791 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |