*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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*waves hand as an accountant*The R&D tax incentive (introduced 1...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $559.9M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.0¢ | $251.5K | 2.053M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 933302 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 245252 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 75910 | 0.125 |
12 | 753802 | 0.120 |
6 | 717833 | 0.115 |
12 | 1035916 | 0.110 |
17 | 1172153 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 25000 | 1 |
0.120 | 43000 | 1 |
0.125 | 41934 | 1 |
0.130 | 606000 | 4 |
0.135 | 628478 | 6 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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