Australia's largest stock trading and investment forum Australia's #1 stock forum

WFL

Click for more information

0.00%

0.3¢ wellfully limited

Ann: 2014 AGM Presentation, page-109

First 109 Last

Share
Profile

Follow
ffxssj

3,718 Posts.

89

02/12/14

12:27

Post #: 14392376
Share

Originally posted by smac656 ↑

That was obvious from the product announcement and I think subsequently confirmed by Glyn. What would have been really interesting to find out is how OBJ was being compensated for the fact that customers will buy the cream+wand once, and then re-use the same wand for several more purchases of the cream alone (5 more, 10?, 20?, how long will the wand last?). We know this will be the normal process for customers. Heck, our own cmk1969 is already doing that.

I'm not trying to raise a concern. On the contrary, I am sure this was fully anticipated and accounted for in the licence fee negotiations. I am just very curious to know what the deal is. I suspect its a much higher percentage royalty on the cream+wand than the 1 to 5% that we keep hearing about.

Finally, here is hoping that the next many products have the applicator integrated into the product so they must be thrown away when the product is used up.

Expand

smac56, that is really not a concern as if a customer has a wand already, they are still buying the cream in future purchases because of the effect from the wand hence our tech is the result of the purchase hence we get our end product value.

OBJ Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

IMA

Issues emerging as Australian companies tackle critical minerals challenge

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 35 more messages in this thread...

First 109 Last

Add WFL (ASX) to my watchlist