Hi nuts & orionwoo
I know its a bit off topic, had a read of ATO ruling about the control test.
Here is a dogye accountant point of view:
1. The financial report we see is a consolidation report 2. PRR has several subsidiaries
3. Tax loss could be carried forward under each subsidiary as single legal entity and get off-set in future years
So, technically the loss can be carry forward even its a highly liquid public listed company
Hi nuts & orionwooI know its a bit off topic, had a read of ATO...
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34.0¢ |
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Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $1.233M | 3.670M |
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| No. | Vol. | Price($) |
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| 13 | 484808 | 33.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 52319 | 5 |
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