"Although in XRF's case the amount spent on R&D is quite low, yet most is amortised."
How do you quantify R&D expenditure? I thought our R&D expenditure made up a significant portion of outflows. New products are continuously being added to the mix (as noted in the recent update - new releases later this year in addition to the carousel released earlier this year; the labware unit is also adding new products).
XRF Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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