31 October 2014 Taxation Refund Received Ceramic Fuel Cells Limited (AIM/ASX: CFU), a world leader in developing and manufacturing fuel-cell-based, micro power plants, announces that it has recently received a refund of circa $4.1M (£2.3M) from the Australian Taxation Office for research and development activities relating to FY2014. The expectation of this refund was announced on 29 October 2014 in the Company's September Quarterly Cashflow announcement and in the Rights Issue Prospectus dated 29 September 2014.
Tax refund of $4.1 Millions rec'd, gl all
I'm now looking at a 98% negative return. My original £5k investment is today "worth" £98. I can't imagine why anyone would actually sell at the moment as the return would be negligible. I just wish it would finally roll over and die and then at least I could expunge it from my list of holdings and write it off to experience. As it is, every time I open up my portfolio analysis tool I see this bloody great loss staring me in the face!
26 Sep '14
Are there any thoughts on whether Flowgroup (previously Energetix) are a direct competitor in the mCHP market.
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