ARL 1.08% 46.0¢ ardea resources limited

Ann: $2.5m R&D refund raises Ardea cash position to $11.8m, page-12

  1. 4,582 Posts.
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    Outside of us being able to keep the light switches on longer I think the bigger picture here is that R&D is being rewarded at a Federal level, it should be understood that not only is R&D presently looked upon as a favourable long term investment and interest but our Government (both sides) understands how important having major investment funds for joint development of public and private partnerships. A good example is NAIF, these funding pools will eventually pay dividends.

    Irrespective I'm presently a buyer again for the main reason of accruing as many specie shares as I can.
    Also bottoming formation here looks very interesting, it will not take much to have this reverse.

    Lastly for the poster who said this will fuel directors pay-packets, I personally highly doubt it - if so you would have seen evidence of it immediately following the last large raising; not now going into DFS completion.

    NL.
 
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