Here is an interesting comparison. Even the name and the amounts...

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Anachronist

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17/11/23

17:05

Post #: 70968794
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Originally posted by Wedgeman7: ↑

I’m not really fussed to be honest. The ATO will provide something between 4m and 7.3m once they review the matter. Until a few weeks back that was all we could have hoped for.
CLAWS has since been announced and we will receive something like US$5m+ from the US government courtesy of the CHIPS act. That number will get bigger and span the next 4 years. Happy days.
BluGlass have also taken out a loan facility against the Australian R&D rebate so cash flow isn’t an issue now or into the immediate future.
It’s not surprising that there is a delay. Some of the money we spent was overseas and the ATO need to make certain judgements as to those expenditure’s. If they can determine that those funds could have been spent on home soil then the rebate is on shaky ground. If in fact we can successfully assert that the R&D needed to be spent overseas then we are in the clear. I know my explanation may sound overly simplistic so please excuse my layman’s version.
Rather than antagonise over this, I’m trying to keep my focus on what new business might drop next week. I want a nice juicy order from a Goliath in the manufacturing world to step up and provide a chunky repeat order cycle for a new product launch.

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Here is an interesting comparison. Even the name and the amounts are similar.
https://data-api.marketindex.com.au/api/v1/announcements/XASX:BLU:2A1488217/pdf/inline/rd-claim-and-corporate-funding-arrangement.

BLG Price at posting: 5.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $19.17M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	355000	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	1700000	2

View Market Depth

No.	Vol.	Price($)
3	955000	0.010
19	6123344	0.009
31	11275353	0.008
13	2303571	0.007
4	8534000	0.006

Price($)	Vol.	No.
0.009	1700000	2
0.010	4422454	16
0.011	5959069	10
0.012	2660979	7
0.013	2495728	7

Last trade - 09.42am 25/06/2025 (20 minute delay)

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Here is an interesting comparison. Even the name and the amounts...

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