This was also written in the previous quarterly:
“Research and development expenditure for the quarter was $21.9m compared to the previous quarter of $16.15m.
The anticipated spend for Q2 FY24 is expected to be at a lower level to the previous two quarters. ”
The forecasts are worth the paper they are written on.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-60
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