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There is no forward strategy. They will not be able to borrow...

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ElleBee

892 Posts.

295

18/08/24

23:31

Post #: 75260166
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Originally posted by Laup56: ↑

The R&D Tax Cash Rebate was recieved in the month of December for the last years. Then November and October, in the 2 years preceding that.

I recall they have borrowed against it previously. Repaying the loan on receipt of the rebate.

I am starting to think the decision of RT not wanting re-negotiate the CN, was both late & unexpected. And which might explain why they only raised $1.85 mil for the strategic review period.

Any M&A deal they may have, probably requires the IP being unencumbered?

Borrowing against the R&D Tax Cash Rebate again, might be part of their forward strategy?

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There is no forward strategy. They will not be able to borrow against future tax rebates. Who will lend the money just to pay wages?

NUH Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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