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5.26%

1.8¢ adalta limited

Ann: R&D Tax Incentive Facility, page-21

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JelloB

2,892 Posts.

241

27/06/21

20:39

Post #: 54104642
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Originally posted by Snake26: ↑

Heaps of companies use this - don't focus on the 14% rate as the cost is in the application fee which will be at the least 2% of the principal.

Just about bringing forward a debtor- helps with cashflow. Raise will be coming but not yet.

No red flags for me seeing them use this - quite prudent in terms of capita - interest & the application fee will ultimately be a deduction should we turn a buck.

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Thanks Snake and understand all of that, but where did their $6M go? They had $6M at the end of March and have only been burning $2M a quarter.

1AD Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change -0.001(5.26%)		Mkt cap ! $11.36M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$10.71K	595K

Buyers (Bids)

No.	Vol.	Price($)
1	295414	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	48028	2

View Market Depth

No.	Vol.	Price($)
1	295414	0.018
1	500000	0.017
6	339118	0.016
2	449995	0.015
1	150000	0.014

Price($)	Vol.	No.
0.019	48028	2
0.020	497405	6
0.021	453041	2
0.022	500000	1
0.023	17643	1

Last trade - 14.00pm 05/11/2024 (20 minute delay)

1AD (ASX) Chart