The eligible amount of R&D Tax Incentive for ADO was $775 based on $1.545m expenditure (July 2017 to June 2018) regardless of ineligibility DIAsource period. I would be happy to work on the 4C cash reports till June 2019. Eligible amount, shown as R&D plus staff costs attributable to R&D. This is an approximation as the incentive is based on the tax return (accrual accounting) not cash flows. Cash refund comes sometime around September 2019.
ADO Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held