FTT 0.00% 0.5¢ factor therapeutics limited

What should the Share Price be ?, page-11

  1. 2,162 Posts.
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    @frankieV, no, listing fees are minimal and were paid by listed companies recently.
    FTT hold $4Mi currently, but this post by @webral with regards to the R&D rebate due next year to FTT is relevent and correct and i quote @webral post earlier today.

    "If you look at the quarterlies released in Oct 17 and Jan 18 R&D spend = $0.81m & $1.44m resulting in a $1.23m R&D payment in May 2018
    Go back to the previous period tax year 16-17, the R&D spend was approx $6.7m looking at the full year report resulting in a $3.1m rebate in Dec 17
    According to three quarterlies released this CY, FTT claim to have spent around $5.5m on R&D. If you add on the current quarter it would be fair to assume the claim will be based on $6m-$7m spent this calendar year. This is why I guess the rebate will be near $3m and be paid in May/June next year working on a 40%-50% payout ratio."
    Last edited by drifta: 16/11/18
 
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