GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Cornerstone Investment Update, page-287

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  1. 316 Posts.
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    Ha ha ok got a question for you all. I read in one of gmc announcement that for the first 10 years they don't have pay tax? so if that's the case if old mate pak owen's lets say 10% of the company any profit he gets he would pay no tax so if that's the case why would he risk losing the original deal? I think he wants more % of the company or he's stupid imo.
    cheers
 
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