Thanks for that and I can see you're right on all points. I think they should change the disclosure in that sentence from 'unrecognised losses' to 'unrecognised tax benefits' to avoid confusion.
Read up on some of the tax info on 'available fraction' to understand how it arises as one of my other investments also has these restricted carry-forward losses that makes it difficult in working out the likely income tax expense for the year. So it was interesting to come across the actual term 'available fraction'.
Also interesting to learn that the tax losses incurred by Paterson Copper over the last four years stays with the Consolidated Entity(MLX) on sale of the subsidiary.
Thanks, always willing to learn.
Thanks for that and I can see you're right on all points. I...
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Last
44.5¢ |
Change
-0.020(4.30%) |
Mkt cap ! $403.2M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 43.0¢ | $1.110M | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 80811 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 19456 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |