ionic - r and d update, page-80

the option resolutions for Mondays AGM now have more relevance - when I first read it I thought its pretty ambitious @ 6c/share- that's about 90% higher than the SER demerged value.

but after reading the prospect of a near term enormous value to shareholders, then the 6c should be @ a discount to what the directors are thinking the sp will be worth in a couple of years.

The Nanothing LOI is only for the novel application - there are all sorts of other applications which are separate.


just wondering about the ATO tax break - @ what point is one no longer eligible?

is it 1st revenue?
is it a financial year or part thereof?


ie, if someone invested now and ionic have revenue in Q2 2019 - does todays investment qualify, compared to if 1st revenue was in Q3 2019 - being a new financial year.

I certainly hope it is not per financial year and instead punters can invest now and still qualify.

if per financial year then that may stymie further CR, until its IPO time