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Ann: Appendix 4D and Financial Report 31 Dec 2023, page-3

  1. Rhoad
    15 Posts.
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    29/03/24
    19:32
    Post #: 73120235
    i've only just started having a look at BluGlass, so I don't know the full financial history.

    But it is completely normal and rather wise to take advantage of R&D tax incentive advances.

    In fact, if used judiciously, you can take a $1 million budgeted spend on R&D, get an advance in say Jan and April, and turn it into an actual $1.3million spend for the year.
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    lightbulb Created with Sketch.  Great analysis
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