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Ann: FY21 Q4 Results Investor Presentation, page-27

  1. badkerning
    168 Posts.
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    28/07/21
    17:17
    Post #: 54845298
    On the call, they said the R&D costs were associated with some new product development and research trials. I think they said they've partnered with some universities for these trials.

    There's also a note in the presentation that says there's new market opportunities for Reach to emerge with some major capability updates scheduled for Q1 2022. So it could be associated with that too.
    LVT Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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