Since August, Augean has released four updates and in the process lost 28p or 50% in value. Two of the updates related to HMRC landfill tax assessments, one was for the interims and the remainder related to a profit warning and changes on the Board. The first HMRC tax assessment accounted for 86% of the decline with the remaining three having little or no impact. From this it is clear that the share price is being weighed down by the potential tax liability and this, we argue, needs to be add
13 Dec 2017
How much is a ‘good’ HMRC assessment?
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How much is a ‘good’ HMRC assessment?
- Published:
13 Dec 2017 -
Author:
Andy Smith -
Pages:
7
Since August, Augean has released four updates and in the process lost 28p or 50% in value. Two of the updates related to HMRC landfill tax assessments, one was for the interims and the remainder related to a profit warning and changes on the Board. The first HMRC tax assessment accounted for 86% of the decline with the remaining three having little or no impact. From this it is clear that the share price is being weighed down by the potential tax liability and this, we argue, needs to be add