Fosters estimates 30-50% in their latest update, the reality will be very hard to find, as income will come from many sources and stages of business. Hopefully the number will crystallise through 2016 and be a target for improvement by the company, one would imagine economies of scale as more deals are signed, refinements to manufacture and turning the screw on suppliers as Alexium becomes more dominant will lead to an improvement in margins over time. Indeed if Alexium is as successful as we all hope/expect I'd want them to use free cash flow to get into chemical manufacture directly, this would improve margin by cutting out the middle man and make us more responsive to orders... Exciting times.
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