Why do people keep saying 'free if under 500M'? The 500M in tax losses AGO has aren't worth 500M dollars as a asset. They are worth the company tax rate in Australia multiplied by 500M, or roughly a third (and that's only if the buyer is paying tax in Aus).
Iron ore price, page-6249
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Last
$22.48 |
Change
-0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.51 | $22.35 | $12.57M | 501.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3509 | $22.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.48 | 1639 | 10 |
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| Last trade - 10.12am 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |