Maybe with point 3 , the company is bought out cheaply so the tax losses can be used by a future company in the same business field , do not pay tax for a few years once profitable , also prevents needing to do the IPO route with having to register the company ?
Sure is interesting how these guys are so good at finding great tenements , but fail to get the tenements viable to mine
Ann: Quarterly Activities and Cashflow Reports, page-14
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Last
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Change
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Mkt cap ! $4.146M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7063492 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 844432 | 4 |
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| Last trade - 10.00am 31/05/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
0.000 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 55000 | ||
| Last updated 11.51am 31/05/2024 ? | |||||
| AQX (ASX) Chart |
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