RE:RE:RE:Strong Cash Position at exit 2020 One obvious problem with anyone ever being able to use those tax losses is the fact there are so very very few profitable, taxable , comparable companies in Canada. These tax losses can't be used by companies in different businesses like weed or auto parts. Outside the tsx listed companies the pharma industry, if profitable, incorporates in Ireland or Switzerland where they don't pay taxes anyway. So ..... it's a very short list.
nozzpack wrote: The .expiry dates extend well into the future.
So, a merger or prospective buyer in the Canadian Pharma market could make use of these for an extended period.
How long will depend on profits as higher profits..eg Bausch..could take full advantage..
ie,,utilization rate is dependent on magnitude of profitability