Checking through the WHK accounts and there has been over US$2.26M in R&D expenditure over the last 3 calendars but no apparent rebate which you'd presume an ASX listed entity could qualify for.
S.28D of the Industry Research and Development Act grants AusIndustry the power to allow R&D conducted OS.
A R&D rebate is probably equivalent to the placements and CRs.
Hope the $2.6M has set the company up for some solid developments.
WHK Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
