The total Research and Development cost, which as yous aide are all the payment to Adriot, for this financial year from past three quarters is 1.411 millions, add the projected cost next quarter of 370 K, it will be around 1.8 millions, if you exclude one time cost from last quarter, the total amount will likely be similar to last year. And if you compare year to year figure, the increase is always less than A$400000 year on year bases since Syntonic listing. So to say it will increase to 3 or 4 millions are very unlikely consider historical figures. Also if you check other similar tech companies the cost is actually inline with most companies. The only problem is Research and Development of Syntonic is not eligible to R & D tax rebate, so the cost outflow from R & D is more significate compare to other companies that recevie R & D rebate.
SYT Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
