FMG fortescue ltd
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atlas iron acquisition, page-16

  1. thehound
    905 Posts.
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    10/04/18
    21:29
    Post #: 32360062
    I just edited this tit bit from today's Australian, any accountants know how to monetise the benefit of this to a company?

    The Australian
    "MinRes also stands to benefit from picking up more than $500m of deferred tax losses sitting on Atlas’s balance sheet, which if realised could effectively cover the cost of the acquisition."
    FMG Price at posting: $4.44 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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