FEX 2.50% 39.0¢ fenix resources ltd

Ann: Quarterly Activities Report, page-21

  1. 446 Posts.
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    Guys think it this way. The more company tax FEX pays the more profit it made. 3.8 million is just 30 percent tax on all profit after all costs (excluding investments). So 3.8 million aud tax bill means 12.66 million aud profit was made some time. Not sure if it is for 2 months or 3 months but atleast we know this.

    So we could just say paying more tax can only mean good things for us shareholders. (obviously if tax laws are not changed for the worse.)
 
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