On the first page of the quarterly it says that during the qrtr the R & D amount for FY 2014 had been received. I've read the page 4 times. That is $0.79M and a further $0.39M has also been received. Neither of them have been listed in the cashflow statement either in revenue or under the special item 1.7 Refund and Development tax refund. Unless I'm blind the company has close to $1.2M somewhere which will assist with future expenditure requirements.
IVX Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
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