Haven't had a good look at the likely tax position or profits for the current half year as yet but I think it's important to realise that they won't have to pay the tax until they lodge their tax return for FY24 which might be closer to Dec24 - it will be their option as to whether they want to pay it earlier as a PAYG monthly instalment.
MGX Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held
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