Leaving aside the up coming 1/6 issue, Company has 587.2 million share on issue----giving a company value of less than $ 5m
It appears to have tax losses of $ 130,989,566----no idea how this came about---but assuming they are useable, they are capable of saving 30 % tax , or $ 39,296.868. Are other people placing a value on these losses ?
The next question is what are the most valuable tenaments that RMG hold----and what would someone pay for them now, and later is say a big boom ?
Who can help ?
RMG Price at posting:
0.8¢ Sentiment: ST Buy Disclosure: Held