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[sharechat] AQL-tax credits-HIDDEN VALUE?????

From:	"Greg McDonald" <gregmcd@world-net.co.nz>
Date:	Mon, 26 Mar 2001 18:10:08 +1200

AQL are still sifting through possibilities for a future listed business venture.....

What appears to be currently overlooked is the big bonus(which was not a bonus for previous shareholders) of what must be substantial tax credits from previous losses.These would presumably offset tax liability on future profits-until credits are used up.

The question is-what does this amount to per share?

Is this share still trading at a discount to its asset backing(.7cps) + tax credits????

Maybe some accountancy skilled readers could look into this and respond?????

What do you all think????

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[sharechat] Re: AQL on sharetalk Faizal

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