GREY:WFEMF - Post by User
Post by
fattailon Apr 26, 2012 3:09pm
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Post# 19840313
2 Questions sort of answered?
2 Questions sort of answered? I previously asked the board and then Nick Smith directly the following question:
Does anyone know the math that they used to get to the 55 cents for the "Approximately equivalent share price of deal related to subsidiary" on Sangdong Project Funding page? I just can't get a handle on what it actually relates to.
It has been removed from new presentation so I think that was my answer.
Also asked Majormac about his specific reference to tax rates and periods they apply to, in reference to WOF. Again no answer but new presentation refers to a number of tax incentives that will now be applied for. So I think I will just apply regular Korean corporate taxes to later year's income streams to determine NPV after tax.