The accumulated losses of $46m are accounting losses. There are a number of reasons why accounting losses differ from tax losses. There is no deferred tax asset recognised in the accounts which tells me the auditors do not believe the recoupment of the tax losses are sufficiently certain to recognise them in the accounts. As I said before however the threshold test for loss recognition is quite high.
The accumulated losses of $46m are accounting losses. There are...
-
- There are more pages in this discussion • 16,406 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86908 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 7513 | 1 |
View Market Depth
| Last trade - 09.49am 12/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |
Day chart unavailable