I take a different view here - forward borrowing against the R&D tax offset is a prudent capital management strategy.
15% is not punitive in the slightest, in fact it's very reasonable (especially compared to small businesses borrowing from the likes of Prospa, Moula et al at 35%pa +).
Almost another million banked, with a further injection to come through early Feb for the December quarter I would think.
The CEO is clearly focused on using these additional funds to stretch runway and achieve significant price drivers in order to raise equity capital at a much higher level. Given equity is far more costly to existing shareholders than secured debt, I'm all for this.
An exciting time for the company in the new year!
- Forums
- ASX - By Stock
- 1AD
- Ann: R&D Tax Incentive Facility
Ann: R&D Tax Incentive Facility, page-7
- There are more pages in this discussion • 2 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 1AD (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.08M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $405 | 15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1187032 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 737562 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1187032 | 0.025 |
4 | 934357 | 0.024 |
1 | 100000 | 0.023 |
4 | 250450 | 0.022 |
2 | 1047615 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 737562 | 3 |
0.028 | 25000 | 1 |
0.029 | 92629 | 3 |
0.030 | 220875 | 2 |
0.032 | 230000 | 1 |
Last trade - 10.00am 04/06/2024 (20 minute delay) ? |
Featured News
1AD (ASX) Chart |