No taxable income is a given considering the amount of write downs that have gone to P&L. The half year statement shows us this.
Operating profit is much more important at this stage which will say the company is actually producing a positive income stream. In years to come, if property prices recover then there would be a reversal to P&L.
- Forums
- ASX - By Stock
- divi
No taxable income is a given considering the amount of write...
-
- There are more pages in this discussion • 17 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 CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online