So they're selling an asset for $80m+$32m+$2m=$114m. Their expenses according to the tax implications are just $30m. So they've effectively turned $30m into $114m, minus tax. If they have $100m of cash after the sale, maybe they can turn $100m into $xxxm like they turned $30m into $114m.
The tax bill says something positive about their history, and I hope they can repeat it with the new cash.
I won't be selling for $0.27, a market cap of $70m is too insulting TO accept.
So they're selling an asset for $80m+$32m+$2m=$114m. Their...
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Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.05 | 97.5¢ | $2.489M | 2.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2907 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 3000 | 1 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |