Post by
mmyactivist on Sep 21, 2023 11:37am
RE:RE:Monument Mining Ltd (Pre-Reincorporation)
hopefully our dear Management doesn't lose accumulated huge Tax Loss carry forwards with such a reincorporation...
Comment by
mmyactivist on Sep 21, 2023 11:42am
about which @nozz was just recently writing, that it's a valuable asset in the ranges of 50-100M plus, if used smartly.
Comment by
mmyactivist on Sep 21, 2023 11:43am
if MMY re-domicile / re-incorporate, it would be lost with a change of jurisdiction.
Comment by
nozzpack on Sep 21, 2023 12:06pm
It's my understanding that if the entire business is acquired and the new business is the same , those tax loss pools will go with the new business..
Comment by
deiwel on Sep 21, 2023 1:12pm
I just asking IR, they said surely an error !!!!
Comment by
SilverNS on Sep 21, 2023 2:31pm
Management needs to come out and explain.
Comment by
romara on Sep 21, 2023 2:34pm
Something is a foot, shares down a full cent....and high volume....I woudn't believe the IR person....he's usually full of himself ...... Nothing like this happens except through rumour.... which usually ends up being correct. The "street" knows something the retail shareholders dont ..... Richard