I'm not selling at these prices, but I do agree that the $800,000 in R&D is more or less a fixed cost. They can't stop development or they'll eventually lose customers. Having said that, that $800,000 includes some ability to widen their product suite, in my opinion.
I suspect that the company can do a more than simply tread water without having to increase R&D. I think the CEO aims for about 20% of Revenue on R&D.
Just off the top of my head.
I'm not selling at these prices, but I do agree that the...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $7.836M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $6.465K | 48.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39384 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 1585 | 1 |
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| Last trade - 15.35pm 29/11/2024 (20 minute delay) ? |
| GLH (ASX) Chart |
