Not dismissing what @martyfunkhouser is asking at all, I think valid questions.
Two things I wanted to add that I’ve learnt over the years
1. Management are highly incentivised to talk up their R&D spend as a % of costs. For Aussie companies this translates to capitalisation of salaries and other expenses - because it’s “for the future”. I slightly lean towards companies that are conservative in this area or expense everything. As this is essentially the most rational thing for long term managers to do - reduce immediate tax burden.
2. R&D spend can be a very poor indicator of improvement and progress. For example Intel would have had one of the largest R&D budgets in the past two decades. But through poor decisions: lack mobile focus, investment in fab tech, deprioritised of performance per watt - has had their huge lead completely eroded by fabless, mobile focused companies - Apple, Qualcomm, nvidia, AMD. Are competitors investments in chemical filters and vaporisation manufacturing techniques in the same category? Big multi-billion dollar question!
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Last
78.0¢ |
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-0.020(2.50%) |
Mkt cap ! $48.71M |
Open | High | Low | Value | Volume |
78.0¢ | 78.0¢ | 78.0¢ | $992 | 1.272K |
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No. | Vol. | Price($) |
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1 | 1999 | 78.0¢ |
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Price($) | Vol. | No. |
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90.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 49600 | 0.760 |
1 | 8728 | 0.750 |
1 | 24 | 0.730 |
1 | 42952 | 0.720 |
Price($) | Vol. | No. |
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0.900 | 5000 | 1 |
0.950 | 5000 | 1 |
1.000 | 11450 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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