This is about what I expected factoring in the government contracts from the last 2 quarters. Was a bit concerned with the SP slide leading into the quarterly as it normally indicates bad news, but this is solid.
My only concern is that they've got about 2 quarters of cash left, and I wouldn't want them to be raising cash down here. Hopefully we get some SP appreciation before any potential capital raising (if one is even required).
The half yearly mentioned that R&D rebates are expected this financial year - does anyone know how much they are? I couldn't locate anything in previous quarterlies or the old financial statements.
GGL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
