Potentially NWH could write back all or part of that $32.50, but it makes no sense to do that, so they probably will not. From a company perspective, statutory profit is always best delayed from a tax perspective, and if NWH cannot get the money earlier, why bother? If there is an element of doubt, Management may use that as a reason for doing nothing until the money is in the bag.
Ann: Update Gascoyne Resources Limited, page-18
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$3.29 |
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Mkt cap ! $1.497B | |||
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