Hey hlnbidoffer,
"In addition, they are already intending to borrow against the R&D tax refund they expect to receive at the end of the 2014FY (this was also done in 2012FY and 2013FY)."
Sorry but I'm a bit slow!!!!
Can you please clarify how much they "intending to borrow against the R&D tax refund they expect to receive at the end of the 2014FY"
Your reply would be greatly appreciated.
Cheers,
TT
net tangible assetts per share 18 cents, page-6
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