Agree, although a bit weird this was a market sensitive announcement, given we were told the return had been lodged in the annual report and then in the quarterly we were told an amount of $1.1m was expected to land in the Dec quarter.
I note we received $1.89m R&D refund in the prior year. However the reduced refundable amount this year is probably a good thing as it reflects a lower spend strategy.
Agree, although a bit weird this was a market sensitive...
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