Hinklestab, you're calculations are wrong!
You are taxing $114m profit at 30%.
The company tax rate is 38% !!!
You also forgot to deduct the deductions the company has spent on the mine, which equate to $30 million.
Which would bring $114 million * 38% tax = 43.32 less $30 deductions = $100.68 for shareholders ! So around 0.38c a share !!!
Another thing is, that SFECO will pay a further 0- $20 million depending on an independent valuation for Koka South. So no, the company was not dudded $20 million as reported.
dumb question, page-10
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $2.668M | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30015 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 12925 | 4 |
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