RE:Very Valuable operating tax lossesValuable for sure, and not reflected in the current price. But they have been sitting on cash for years, and through a period where some good opportunities (distress sales) should have presented themselves. Maybe they are working on something with a saudi connection? Would love to see joint (or very close) announcement of settlement, div/buyback, and re-investment.
nozzpack wrote: Aimia had the following operating tax losses available for carryforward, for which the deferred tax benefit has not been recorded in the accounts, which may be used to reduce taxable income in future years:
Country
Canada. $126 m
US. $206 m
It has been stated that future acquisitions will be focussed on businesses for which these carry forward losses can reduce future taxable income..