the loan would just be LBT's share of development costs. it's treated as a loan as the JV is creating a intangible asset, and LBT recognises its share of the intangible as an asset (ie loan)....but reality it's just development costs to get APAS ready to launch
Vote of (absolutely) no confidence, page-12
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Last
1.6¢ |
Change
0.002(14.3%) |
Mkt cap ! $25.04M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 716666 | 1.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 14.20pm 19/07/2024 (20 minute delay) ? |
| LBT (ASX) Chart |