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.
You're right.It would be more cautious to look at a PE based on...
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Last
$1.10 |
Change
0.000(0.00%) |
Mkt cap ! $102.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5468 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 1000 | 1 |
View Market Depth
| Last trade - 16.21pm 28/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |
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