AFF Member Stock Discussion

[Brissy1]

Coles Group company tax paid <3% of revenue, yet dividends fully franked. Company tax (and generally the value of it shares) is levied on profit (potential profit), not revenue. Obviously.

 

[drron]

But tax is not paid on Revenue but profit. Last year it paid 30% of profit hence fully franked.

 

[cove]

Have Reece reporting tomorrow.That is REH. Last report was dismal.
Expecting drill results for PC Gold later this week and last time they had visible gold in their results which means higher than 33 grams per tonne. Fingers crossed on that one. That is PC2.
Not sure about the new tariff rates from the US. May create a slump for our ASX seeing they are proposing 15%.