RGT 0.00% 30.0¢ argent biopharma limited

Today's Trade, page-258

  1. 28 Posts.
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    I could be wrong but I guess this part of the report is open to interpretation.

    The initial purchase order now triggers first material revenues for MGC Derma within days, and forms part of the $1m deposit which remains on track to be received in November under the binding $8m supply agreement between Varm Cosmo and MGC Derma executed on 30 October 2017. This first payment is to be paid to MGC Derma within 5 business days of the purchase order under the terms of the binding agreement.

    Does this mean that the revenue generated from the Black Friday sale form part of the one million?? I'm a little baffled.
 
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