KSL 4.21% 99.0¢ kina securities limited

New tax rate from 30% to 45% for KSL, page-71

  1. MTV
    1,764 Posts.
    lightbulb Created with Sketch. 596

    I would agree with those figures. Worst case seems already to be factored in at current SP. When the tax is removed (as it must be at some point) there should be a pleasing re-rate to reward the patient.
 
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