TER 4.35% 24.0¢ terracom limited

yes, they would have to pay $64 million of income tax between 1...

  1. 650 Posts.
    lightbulb Created with Sketch. 140
    yes, they would have to pay $64 million of income tax between 1 July 2023 to 31 December 2023. I have said a few times on these forums, they would have had a lot of cash problems this year because of the way the tax instalments works (as they previously had losseS) plus they were paying franked dividends without franking credits in their franking account (they would have had to pay deficit franking tax on 31 July 2023). The tax instalments should settle down now where they will be paying a majority of their income tax during the financial year. Where as during 2023, because they had losses, they weren't paying income tax instalments until Jan or Feb 2023.

    https://hotcopper.com.au/data/attachments/5938/5938194-d484ee44b3774b58420d0f30aae1f0cd.jpg

 
watchlist Created with Sketch. Add TER (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
0.010(4.35%)
Mkt cap ! $192.2M
Open High Low Value Volume
24.0¢ 24.0¢ 23.0¢ $168.6K 714.7K

Buyers (Bids)

No. Vol. Price($)
2 4563 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 595139 15
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
24.0¢
  Change
0.010 ( 3.23 %)
Open High Low Volume
23.5¢ 24.0¢ 23.0¢ 240402
Last updated 15.53pm 16/05/2024 ?
TER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.