OZL
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0.00% $26.44 oz minerals limited

resource rent tax impact

  1. tnabacus
    147 Posts.
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    02/05/10
    15:28
    Post #: 6642357
    Hi,

    According to ABC.NET.AU report, the 40% RRT will only kick in when the company has made above-normal profit.

    Any one understands the definition of this normal-profit figure? Will div be treated post profit?

    The RRT does not apply to oversea's mine owned by Australia companies. What a pity we have sold our gold mine, it becomes so valuable now.

    OZL Price at posting: $11.55 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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