I wonder how much the accumulated Tax Losses are worth - in the right hands & structure ?
Total accumulated losses of some 71 Mill up to June 30 2021
add another 10 - 15 mill + for FYI 2022 ( subject to accounting treatments )
Some of these losses go back a long time - so not sure how much is / can be preserved
at lease 20-30 mill worth I suspect
Some companies ( the shifty ones ) account for tax losses as assets that be offset against future income - so assume a corporate tax rate of say 28-30 % - the off set value against profits could be argued to be worth 5-10 mill ( 2-5 times the current share price ?? )
I'm not an accountant - but any one who is might be able to clarify .
Lots to understand yet about his situation I suspect .
As regards the Phase 1 results vs the Phase 2 results - still lots of un answered questions in my book .
Similarly with the quarterly just issued - ref statement of Cash flows - Massive variances in Budget Vs Actual .
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report and Appendix 4C - Jun-22 Qtr
I wonder how much the accumulated Tax Losses are worth - in the...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.004M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 450000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.010 |
2 | 333330 | 0.009 |
4 | 861337 | 0.008 |
2 | 628560 | 0.007 |
4 | 833135 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 450000 | 1 |
0.013 | 71426 | 1 |
0.014 | 547719 | 2 |
0.018 | 480384 | 1 |
0.024 | 611500 | 1 |
Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
Featured News
HXL (ASX) Chart |
Day chart unavailable