Whilst it's always good to receive different perspectives, if the royalty was considered straight 'profit' at a PE of 10 then that equates to a MC of $100M.
Tax-selling is usually tax-loss selling in June to offset other gains and reduce your tax.
Given the share price has doubled in a short-time, I wouldn't imagine anybody is carrying a loss - at least over the medium term.
And if you were to cash-in a profit, you'd surely do it in July and defer the tax for 12 months.
They identified 90 odd targets in NSW and/but/yet are targeting Mabel Creek whilst we wait for the 12 Assays and the DHEM.
A lot to like.
Whilst it's always good to receive different perspectives, if...
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.08M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 25.0¢ | $10.10K | 40.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55874 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 100000 | 1 |
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| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| TLM (ASX) Chart |