TOX
Click for more information
0.00% $2.84 tox free solutions limited

Dividend is being paid out of retained earnings. No change to...

  1. city1866
    1,853 Posts.
    lightbulb Created with Sketch. 185
    clock Created with Sketch.
    22/05/18
    12:36
    Post #: 33250763
    Dividend is being paid out of retained earnings. No change to cost base.

    If it was paid out of the capital, then the cost base would be reduced.

    Outcome - lower tax on capital, is offset by tax on income
    TOX Price at posting: $2.84 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AVA Ava Risk Group expands US presence with A$0.7M Substation Deal
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
NEWS Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25
right-arrow Created with Sketch.
LRV Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%
right-arrow Created with Sketch.
watchlist Created with Sketch. Add TOX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.