QFE 2.70% 7.2¢ quickfee limited

Can anyone here expand on what "Product development expenses"...

  1. 4,349 Posts.
    lightbulb Created with Sketch. 321
    Can anyone here expand on what "Product development expenses" covers?

    The ongoing expense of $2.3m (H1FY24) seems a bit rich to me, I would have thought the product was fully developed years ago. Is there something flawed with what we have?
 
watchlist Created with Sketch. Add QFE (ASX) to my watchlist
(20min delay)
Last
7.2¢
Change
-0.002(2.70%)
Mkt cap ! $23.87M
Open High Low Value Volume
7.4¢ 7.4¢ 7.1¢ $23.12K 314.8K

Buyers (Bids)

No. Vol. Price($)
1 100000 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 10731 1
View Market Depth
Last trade - 15.48pm 21/06/2024 (20 minute delay) ?
QFE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.