Yerright ! It was the tax concessions IRT previous losses that I...

Yerright ! It was the tax concessions IRT previous losses that I should have referred to, rather than the franking credits.

“In addition to the deferred tax assets of 6.5 cents per share recorded in the accounts there is a further $1.9 million or 2.1 cents per share of tax benefit on realised losses that is not carried on the company’s balance sheet and is available to be offset against future taxation liabilities.”

My wrong !