WFL 0.00% 0.3¢ wellfully limited

Amazon - Magnemasks bundle, page-13

  1. 5,298 Posts.
    lightbulb Created with Sketch. 683
    Id have to disagree to some degree at least. The company has used shareholder funds to develop a product that it is now selling into the market. Surely as a publicly listed company they are required to provide estimates of earnings going forward. They have not only refused to do this (possible problem 1) but it seems certain directors have spoken in terms that could lead any norrmal person to believe large income streams were imminent(Remember that word lol) (definite problem 2)

    That being said though the reality is true understandable and quantifiable income guidance has never been given by the co at any point so all speculation.
    The only thing i would say in answer to an earlier question is i was told directly by the company in writing that we recieved royalty on the wholesale price of combined magnet and cream package. Selling the magnet and cream together is from a conspiracy point of view maybe pg finding a way to reduce what they have to pay in royalties as officially they are two seperate items so royalty only on the magnet which they probably "value" at $5. Will be interesting to see if its just Amazon doing that or if it is a new approach by pg to again reduce royalty payments as surely the cream would be the high value part of the equation.
    Last edited by andrewk65: 02/06/18
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.