OTCQX:MRVFF - Post by User
Comment by
JohnDDon Feb 19, 2015 10:46pm
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Post# 23446517
RE:RE:RE:RE:RE:RE:RE:RE:RE:No News in this case might be good News
RE:RE:RE:RE:RE:RE:RE:RE:RE:No News in this case might be good NewsYou are correct, I just checked the consolidated financial statements on sedar and the number is now down to $193 million from $231 million last year. The 52 million net settlement Nuvo received from the MNK has brought the number down.
I would have thought that one would use a combined provinical and federal tax rate to come up with an estimated value for the cumulative tax losses. I do not know the tax rate but would have guessed at something around 25%??
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