CAH 0.00% $1.71 catalpa resources limited

Axegun, I have heard from a reliable source that if Rudd's tax...

  1. 545 Posts.
    Axegun, I have heard from a reliable source that if Rudd's tax is impleminted Catalpa will be effectively paying 71% in tax. Im not sure if that includes the 3% state govt. royality tax.

    That 71% tax figure is going around the market place and the mining business environment. No wonder we have a share price at these lows when the company is nearly at full steam.

    I can't explain Avoca's share price rise or similiar to Catalpa's share price drop as I don't follow other gold companies that closely. I'm sure you won't find any skeletons in Catalpa's cupboard just Kevin Rudd.

    Thanks Mr KRudd.

 
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