Unfortunatley looks like the NZ taxpayer via Callaghan Innovation are funding these guys again. not sure from when and not sure why no annoucement from PVL on that matter - as getting income is surely more material than an investee holding a shareholders meeting.
no idea of the amount or timing, although the whole funding is up for review in June next year in anycase. Maybe a few in the know buying some shares today - before the news is widely out.
Ann: Appendix 4C, page-6
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