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.
Ann: Appendix 4D and Financial Report 31 Dec 2023, page-3
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Mkt cap ! $62.12M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $33.18K | 977.0K |
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| 14 | 1210161 | 3.3¢ |
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| 3.5¢ | 407245 | 4 |
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| Last updated 15.37pm 31/05/2024 ? | |||||
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