Resources stocks are not going to be looking great today after Rudd and co introduced a 40% super tax.. Good thing for NGE that its operations are 100% based in PNG, they will be completely unaffected by this..Correct?
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"The resources tax, scheduled to begin on July 1, 2012, will be paid on the realised value of resource deposits, the government documents show.
That is the difference between the revenue generated from resource extraction and associated costs.
The Australian Government will also credit companies for resource taxes paid to the states."
Resources stocks are not going to be looking great today after...
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Last
$1.24 |
Change
0.035(2.90%) |
Mkt cap ! $42.53M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.23 | $19.47K | 15.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14099 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 3057 | 1 |
View Market Depth
| Last trade - 14.49pm 12/09/2025 (20 minute delay) ? |
| NGE (ASX) Chart |