I sent an email to Imagion this morning querying the R&D Tax Incentive payments going forward.
Geoff Hollis responded by email promptly.
Apparently, the incentive has been assessed on local and USA R&D costs incurred by the company.
In response to my query, Geoff advised that, with the Phase 1 trial now completed, the company will be unable to claim costs for its US R&D after 2023 (as I understand it).
Shareholders and potential investors may wish to exercise caution when reading the company's Quarterley Activity Report for the September quarter. Para 8 of that Report is headed "Estimated cash available for future operating activities". It incorporates the full amount of the R&D Tax Incentive going forward.
Geoff said that they have been aware of the issue and intend to update the market.
This is not investment advice and please do your own research.
Regards
Stretguy
- Forums
- ASX - By Stock
- IBX
- R&D Tax Incentive
R&D Tax Incentive
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBX (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.415M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
IBX (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online