Any which way you look at it, Another $1.85 million into the IMU bank account is great news!
Here's my post from 25 July 2018 ... I gotta say I'm pretty pleased at how close I was with my prediction:
"On 22 September 2016, IMU received an R&D tax refund of $1.298 million from the Federal Government.
On 10 October 2017, IMU received an R&D tax refund of $1.136 million from the Federal Government.
I’m guessing that we’ll be looking at a nice juicy $2.0 million cash refund hitting the company’s bank account within the next 10 weeks given the increased R&D expenditure outlaid these past 12 months.
Just more cash available to fund what are now, multiple vaccine trials being undertaken in numerous clinical sites worldwide!"
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Any which way you look at it, Another $1.85 million into the IMU...
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