One way to protect ANO's competive advantage is to spend adequatly in R&D. From the annual report :
Research costs are expensed in the period in which they are incurred. Development costs are capitalised when it is probable that the project will be a success considering its commercial and technical feasibile.
Looking at the balance sheet aproximaly $425k was spent on development last year. I cannot find how much was expended in research. How much do you think should be an appropriate number for R&D?
One way to protect ANO's competive advantage is to spend...
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.95M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 72.0¢ | 72.0¢ | $5.964K | 8.284K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14660 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 1831 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
72.0¢ |
Change
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| Open | High | Low | Volume | ||
| 72.0¢ | 72.0¢ | 72.0¢ | 503 | ||
| Last updated 13.43pm 17/06/2024 ? | |||||
| ANO (ASX) Chart |
