PYC pyc therapeutics limited

Hehe. We have had a very good run, though, eh? I am very...

  1. asf
    9,887 Posts.
    Hehe. We have had a very good run, though, eh?

    I am very interested in the article petesherl posted. Here's a snippet of the theme from the article- R&D:

    http://www.mergermarket.com/editorial/article/1415/

    "Listed and private companies with turnover of less than USD 20m doing R&D in Australia would, subject to certain criteria, receive a cash refund of 45% of their annual R&D spend."

    So, I look at PYC's half yearly just put out:

    http://hotcopper.com.au/announcements.asp?id=399980

    Page 15: Research & Development $18.36m

    Is it possible we could get a cash amount of around $8m from the government? Thoughts please, holders.
 
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