Ann: Licensing Agreement Signed with Telink Semiconductor-XPE.AX, page-177

Yea I'm going to have to agree with you. Solid logic you've presented. And based on other people's pricing they've presented on similar chipsets, seems 45c is way under.

As a financial accountant I sometimes forget that non-accountant types will often use revenues, gross profit, and net profit interchangeably. Despite there being GIANT differences between those words... You'd think it being an ASX announcement though it'd be caught before release. Oh well - that's one mistake I'm quite happy about!

So assuming $2 USD per chip... By the same rough math presented earlier: Should we land on all of Telink's IoT chips - this announcement alone could be worth a market cap of about $575m... Even if we only make it on half - that still indicates a mc of over double where we are today.

And we're just getting started...