I also have problems understanding the benefits of the Merck deal.
According to the original ASX announcement from 14th of July 2010 the revenues should have started to flow after 6 months It says: "Initial sales within the first 6 months are expected to ne minimal...."
So in my understanding their expectation was, that the money should be flowing from Q1 2011 onwards. This is clearly overdue - also with respect to the duration of the contract (only 4 years).
As I never counted the Merck deal in, I have zero expectations regarding substantial cashflow from it.
But I will happily accept a positive surprise ;-)
best regards
low volume games, page-51
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