Shareholders have every right to be disillusioned with SKN management and furious with how they are being treated.
All Australian tax payers should also be mad. How many years do you need a R&D rebate to develop a sunscreen?
The AUST govt spending big thanks to COVID and taking on huge levels of debt. IMO, tax payer money is being wasted on SKN and it should stop.
How much has the R&D rebate contribute to SKNs financials over the last 5 years? Where is the genuine improvement to the product, where is the groung breaking development.... where is the benefit to the tax payer?
Without the R&D rebate, SKN is done.
SKN Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held
