Very positive for the company to be able to have a high level of expenditure on the project qualify under the Federal Gov's R&D rebate scheme due to the innovative nature of the works being completed.
Based on the project qualifying under Aus Industry's guidelines, I think you can expect that a good portion of FY24 and the current FY's activities to also qualify to see a refund of $$$ back to the business.
A reminder for those not aware of the program is that 43.5% of dollars spent during the FY on qualifying projects / activities get refunded back to the business as part of their tax return being lodged & processed.
Always welcome a good lick of non-dilutive capital
Well done & look forward to the horizontal program kicking off next month
- Forums
- ASX - By Stock
- Ann: R&D Tax Incentive application registered with AusIndustry
Very positive for the company to be able to have a high level of...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OMA (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.5¢ |
Change
0.010(3.92%) |
Mkt cap ! $75.90M |
Open | High | Low | Value | Volume |
26.5¢ | 30.0¢ | 26.5¢ | $288.1K | 1.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 249034 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 48413 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 249034 | 0.265 |
2 | 115000 | 0.260 |
1 | 10000 | 0.255 |
1 | 25000 | 0.250 |
1 | 45500 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 48413 | 2 |
0.295 | 17559 | 1 |
0.300 | 70565 | 3 |
0.310 | 50000 | 1 |
0.330 | 125252 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
OMA (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online