That's a good point. I forgot about that announcement.
Corporate tax rate is 27.5% for a company with no turnover?
$825,000 of credits means they could raise $3m to use up those credits. ($3m x 27.5% = $825,000)
They could do a renounceable rights and it means investors would only be paying 72.5% of the cost.
If they raised at 14c on a 1 for 4 basis. The company gets $3m, investors really pay 10.15c (14c x 72.5%) and get a chance to add at a good price before the action kicks off.
Let's see
- Forums
- ASX - By Stock
- KZR
- Ann: Trading Halt
Ann: Trading Halt, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.3¢ |
Change
0.001(1.22%) |
Mkt cap ! $15.13M |
Open | High | Low | Value | Volume |
8.2¢ | 8.3¢ | 8.0¢ | $21.61K | 263.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 17799 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.081 |
1 | 20354 | 0.080 |
3 | 31470 | 0.079 |
3 | 210000 | 0.078 |
1 | 12800 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 17799 | 1 |
0.084 | 64680 | 2 |
0.085 | 208144 | 2 |
0.090 | 12000 | 2 |
0.098 | 10001 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
KZR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online