I don't think we can expect to get by without further cap raises. But this will help to space them out a bit and potentially reduce the amount required.
This is an extension of the 43.5% R&D expenditure rebate from that conducted in Oz to all R&D expenditure.
So for the next $100m we spend on R&D, regardless of where it is carried out, we'll get $44m in rebates.
Best thing is we don't need to limit trials and pre-clinical work to Oz to secure R&D rebates. Very cool.
Credit to James and the team. Surely there are more sources of non-dilutive funding available, given the seriousness of the public health issue Recce is seeking to address.
.
- Forums
- ASX - By Stock
- RCE
- Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding
Ann: RCE Awarded $43.7m AusIndustry Advanced Overseas Finding, page-12
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCE (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.5¢ |
Change
-0.035(6.36%) |
Mkt cap ! $121.5M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 50.0¢ | $145.7K | 277.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 46377 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 10072 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 46377 | 0.510 |
1 | 2928 | 0.505 |
4 | 46880 | 0.500 |
2 | 13063 | 0.485 |
4 | 12013 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 10000 | 1 |
0.525 | 34555 | 2 |
0.540 | 25000 | 1 |
0.545 | 26834 | 2 |
0.550 | 54490 | 2 |
Last trade - 15.07pm 10/09/2024 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |