I think I’ve been pretty open and vocal about any concerns that I may have here. The ATO query of the R&D rebates is not one of them.
I suspect some of the recent selling may have been in anticipation of an underwhelming quarterly. If it’s not underwhelming and our cash position is good then I think we may have done ourselves a disservice by leaving it so late to release it. Anyway, there’s little I can do about it unfortunately.
KNL Price at posting:
15.0¢ Sentiment: None Disclosure: Held