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Ann: Temporary Argentina tax changes, page-28

  1. porker
    577 Posts.
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    05/09/18
    16:57
    Post #: 35432515
    sf120

    Glad you topped up we need more like you!!
    I note you mentioned the peso is devalued and this might lead to a larger margin. The announcement seemed to indicate AR$3 to US$ 1. If the peso increased in value, as I would assume these measures hope to achieve, wouldn't this mean that the percentage tax would increase?


    P
    ORE Price at posting: $3.62 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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