ALeeG,
"Tax deduction for them? "
Yes I guess getting a stable of low market cap stocks with accumulated losses probably 5 or 6 times the mkt cap is a way of eventually implementing some tax liability management .......................... but if the ATO change their tune you could find that it all turns south.
MI
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $6.336M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.476K | 1.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 25740997 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9346410 | 9 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| AYT (ASX) Chart |