https://business.vic.gov.au/grants-and-programs/industry-r-d-infrastructure-fund#eligibility
"The program provides grants of up to 50% of eligible project expenditure with all grants requiring a minimum 1:1 co-contribution from the applicant. The minimum grant amount is $250,000 (excluding GST) and the maximum grant amount is up to $2 million (excluding GST)."
It is basically halving the cost of qualified RnD expenditure that is between $500,000 and $4,000,000.
In the half yearly report we saw 1.1m capex spend on the new facility in the half and they said it was expected to be slightly higher this half so maybe circa 1.5m (same as the back end of FY23 as a reference). That might be the level of co-contribution depending on the criteria for the grant. Maybe we get 500k or up to maybe 1.5m. Both useful cash amounts.
- Forums
- ASX - By Stock
- PNV
- PNV - Banter and General Comments
PNV - Banter and General Comments, page-11763
-
-
- There are more pages in this discussion • 406 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNV (ASX) to my watchlist
|
|||||
Last
$2.58 |
Change
0.000(0.00%) |
Mkt cap ! $1.780B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 853 | $2.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.46 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 99 | 2.650 |
2 | 5739 | 2.580 |
3 | 7055 | 2.570 |
4 | 16125 | 2.560 |
4 | 10945 | 2.550 |
Price($) | Vol. | No. |
---|---|---|
2.500 | 2000 | 1 |
2.510 | 60 | 1 |
2.520 | 364 | 1 |
2.590 | 9466 | 3 |
2.600 | 45545 | 6 |
Last trade - 09.56am 31/07/2024 (20 minute delay) ? |
Featured News
PNV (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online