If you pay a humongous tax bill then you have made a super humongous profit… don’t complain about that!
Splitting the company will reduce its value and create tax issues for the company. It simply can’t be done without creating a current tax liability for the company that would be hundreds of millions of dollars because you are transferring value to a new entity. So NEU makes a profit when transferring out the assets upon which the tax must be paid.
If you pay a humongous tax bill then you have made a super...
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Last
$19.39 |
Change
-0.470(2.37%) |
Mkt cap ! $2.478B | |||
| Open | High | Low | Value | Volume |
| $19.70 | $19.77 | $19.28 | $10.38M | 534.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2680 | $19.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.41 | 362 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |