Anything is possible with the allocation of the $40M.
The ASA is still referring to a $68M investment on its web site. So perhaps it applied for $68M and received only $40M.
One option is that the bulk of the $40M is split equally between the 3 tech companies. This is unlikely I think, because each would have different needs - which would have been evident in their respective bids to ASA before the grsnt application was finalised.
Another possibility - perhaps a long shot - is that the Department of Health negotiated a grant outcome on the ASA dropping one of the 3 tech partners as they may have believed 3 was 'overkill'.
We will just have to wait and see. Hopefully Monday.
Ann: Trading Halt, page-59
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Last
$1.94 |
Change
-0.065(3.25%) |
Mkt cap ! $165.4M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.00 | $1.94 | $102.8K | 52.37K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150 | $1.91 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 2843 | 1 |
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| EMV (ASX) Chart |