Big Al. Just to clarify, while DLS on paper was slugged a large amount of tax, they will not pay tax until at least 2017, at the earliest. Hence why they were able to increase their cash balance by so much in the past 12 months. Even the PRRT while liable, is only payable one they have used up all their past cost exceptions (i.e, drilling development etc etc).
- Forums
- ASX - By Stock
- DLS
- Break out soon
Break out soon, page-14
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DLS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online