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Ann: Temporary Argentina tax changes, page-27

  1. dyeman
    4,195 Posts.
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    05/09/18
    16:24
    Post #: 35431881
    I believe the 8% is on gross revenue. If a company has 50% margin then that's 16% off earnings, and even more after income tax, depreciation etc. Companies with slim margins could be put out of business. Fortunately ORE has a fat margin but it still hurt.
    ORE Price at posting: $3.62 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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