my understanding is the net sales number is US$220 to get the US$50m in the calendar year.
The US$25m has already been achieved. if they miss on calendar year the milestone is just deferred to the next... so technically they should eventually hit, if (and a big if) they can grow net sales (ie by growing market and/or taking market share)...
What i am not clear on is the figure - global sales or just US sales - would have to go back to the presentation to double check... i think it is only US sales
The market pricing reflects 0% chance of ever hitting the US$220 hurdle for the milestone payment... because if it did achieve that level of net sales - the associate royalties would value this firm well above $1 stand alone
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.339M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 460415 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 40308 | 3 |
View Market Depth
| Last trade - 09.49am 24/06/2025 (20 minute delay) ? |
| ACR (ASX) Chart |
Day chart unavailable