PSC 7.61% 9.9¢ prospect resources limited

I think it will be return of capital, tax is paid in zim. There...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,061 Posts.
    lightbulb Created with Sketch. 10
    I think it will be return of capital, tax is paid in zim. There is no double treaty with Australia for tax purpose so it’s not like ato will tax psc n we have credits from zim. when the proceeds come back, it will be exempt income.

    say worst case, psc has to pay tax in Australia, we can still get fully franked dividend you just have to prepaid the tax so there isn’t franking deficit.
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
9.9¢
Change
0.007(7.61%)
Mkt cap ! $56.49M
Open High Low Value Volume
9.5¢ 9.9¢ 9.5¢ $152.3K 1.581M

Buyers (Bids)

No. Vol. Price($)
1 1685161 9.9¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 56119 3
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.