Just a thought.
Wouldn't the proposed tax mean that it is beneficial for companies like MCO to focus predominantly on exploration to build up a significant resource. Then sell the resource to overseas companies and Chinese state owned companies who can use transfer pricing to avoid the tax.
This way wouldn't shareholders get a bigger slice of the pie as well as, up until the sale, they would be generating minimum EBIT, obtain the exploration rebate and therefore avoid the tax.
Shareholders then sell their shares to the takeover company and no Super Profits Tax would be paid rather CGT tax to be paid by shareholders.
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Just a thought.Wouldn't the proposed tax mean that it is...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.422M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $985 | 70.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 83400 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 31747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 83400 | 0.012 |
2 | 241438 | 0.011 |
4 | 711105 | 0.010 |
3 | 800910 | 0.009 |
3 | 212125 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 31747 | 1 |
0.015 | 49822 | 1 |
0.016 | 543409 | 1 |
0.017 | 10000 | 1 |
0.019 | 157947 | 1 |
Last trade - 12.05pm 11/07/2025 (20 minute delay) ? |
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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