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508 Posts.
164
13/12/10
12:50
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There is finally some positive action with ACU.
Increased share trading volume, rising price and new significant holders.
No announcements to the outsiders aka shareholders.
A hidden value of ACU is waiting to be extracted, it is the Deferred Tax Asset � tax loss carry-forward (accumulated losses).
The value of these losses can be estimated as follows:
Current tax rate times the accumulated tax loss (FY 2010): 30 % x 57,143,921 = $17M
Market Cap at $0.004 per share is $7M.
It will be interesting to see what the new directors bring to the table.
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