*waves hand as an accountant*
The R&D tax incentive (introduced 1 July 2011) is a 45% cash offset available on expenses relating to eligible R&D expenditure for eligible companies with turnover below $20M per annum.
This is actually quite substantial for the cash-flow of eligible businesses as it allows them to make the R&D dollars go almost 50% further.
Not surprisingly we are working with a number of Bio's (and other businesses) as this is an extremely attractive benefit for eligible firms.
For PYC, this is likely to lessen the burden of capital requirements for R&D activities. Things like admin expenditures, admin/management wages may not be counted however, so the proportion of eligible R&D expenditure/other expenditure would dictate how beneficial this would be for PYC's cashflow planning
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $559.9M |
Open | High | Low | Value | Volume |
11.0¢ | 12.0¢ | 11.0¢ | $198.5K | 1.712M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 635733 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 79848 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 635733 | 0.115 |
7 | 216789 | 0.110 |
7 | 622265 | 0.105 |
11 | 707567 | 0.100 |
1 | 7221 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 79848 | 3 |
0.125 | 505660 | 8 |
0.130 | 389626 | 10 |
0.135 | 556472 | 6 |
0.140 | 475335 | 3 |
Last trade - 11.07am 22/08/2024 (20 minute delay) ? |
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PYC (ASX) Chart |