RE:RE:RE:RE:Rebalancing info
MigraineCall wrote: There certainly are some tremendous advantages to the right buyer. Some of these companies have huge tax losses still on the books which would be worth significantly more than they are now if there is ever an oil windfall tax.
I have always assumed that the tax loss can only be used to offset the profit. The windfall tax is compulsory, and must be paid. And if they can implement this windfall tax once, they'll do it again, until it's accepted as any other tax. Don't underestimate Trudeau. His level of intelligence is evident, but he's also very vindictive and petty.
We're finally seeing something positive today. SU up 6%. Everything else is up nicely. Hope this will hold up.