CWE carnegie wave energy limited
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R and D Tax Refund

  1. Megafauna
    18,325 Posts.
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    03/11/14
    15:01
    Post #: 14228467
    It is at about this time of year when CWE announces the tax refund paid for work done on research and development. The amount is calculated on the money spent on R & D in that year.

    The amount due this year should be considerably higher than the $2.6 million received last year, given that the spend has been higher.
    CWE Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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