It is getting a bit confusing at the momemt, with 3 different...

It is getting a bit confusing at the momemt, with 3 different things going on at once it can be difficult to separate things out.
We have the R&D rebate that’s coming out soon - maybe, the ½ Yearly report that hasn’t come out yet,  and APG has requested a trading halt because there may be  some special announcement that may come out as soon as tomorrow - maybe.

Firstly, the Research & Development (R&D) Tax Incentive is a program that helps businesses offset some of the costs of doing R&D.  MT mentions in the last quarterly – that APG is making a significant R&D claim for expenditures in the 2013/14 year. False9 in a recent post says he was talking to MT, and puts a$2M plus pricetag on the refund.
The R& D Tax Concession Refund is nothing new to APG. MT & Nick have always known how shake the R&D rebate tree. Going back just 5 years APG has received the following R& D Tax Concession Refunds:
(this is in $,000 from the Quarterly Cash Flow reports)
2015   407 & 472
2014   577
2013  353
2012  315
2011   380
What I was surprised at - was that they left $2m in rebates unclaimed until now. If they gotten this $2m rebate (for 2013/4) before last September, the board could probably have avoided having to do the dilutive Shareholder Share Purchase Plan, or at least done it on much better terms.
Still better late than never, and APG really could use the money just now.

Secondly, the APG Half Yearly Report has not come out yet. APG usually releases the Half Yearly at the end of February.
Quite apart from being a very poor look as a public company, at 75 days from end of H1, APG may be breaching its reporting obligations.
Shareholders and the public should be able to look at ½ yearly financials in a timely manner, and form their own opinion on how APG has performed.
With Cash so tight at the moment it might be prudent to see if debt has changed.
APG do not audit their half yearly accounts (only the Full year accounts are audited). If, as False9 says in a recent post, the Half Yearly accounts are being delayed by an audit – that’s another new twist.

Thirdly, the coming announcement – perhaps we will find out tomorrow.

Wilcox