It's just for tax minimisation, the same reason every other resource company does the same thing.
It's entirely within the tax rules and I'd be annoyed if they weren't taking every possible step to maximise returns to the company.
Focus on the good annoucements made today - Senex is ticking boxes and the next 6/12 months is going to see your portfolio fatten significantly.
- Forums
- ASX - By Stock
- SXY
- Ann: FY18 guidance on a non-recurring gain and impairment
Ann: FY18 guidance on a non-recurring gain and impairment, page-7
-
- There are more pages in this discussion • 13 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 SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online