Wednesday, May 30, 2018 11:06:38 AM
Regardless money will be needed to be raised or borrowed to meet the obligations of the required tax’s owed.
If money is borrowed then a portion of that capital can be sold to the public to pre pay the tax’s required. A new tax rate above the previous tax rate can now be set allowing a even greater amount of capital to be raised diluting new shoulders as old share holders tax debt is paid from this new acquired capital.
So in short a forward split of shares is a positive thing when it’s often perceived as a negative action. I guess new investors would take it as this but as long as there isn’t a retraction in the tax’s that could be indicated by a reverse split of the shares then it would be full steam ahead for investors.
You also have to remember that future earnings have been calculated into the companies tax assessment. What is not calculated is recievables going bad. The recievables is the one card no one can predict along with changing sale forecast where the two are closely linked.
Tax forecasts leads recievables where recievables lead sales. This is often referred to as the rock, paper, scissors game of the market that is often difficult to forcast with any accuracy.
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