I've just done some more calculations.
My A$35 million royalty figure looks smack on. It will probably be higher. My rational.
6 million packs in stock Beginning of April 2009. (I will use 5 million being conservative.)
Ramping to 15 million per Quarter so I assume 10 million packs April May June (as April was ramp up time)
So 15 million packs sold at US$27 = US$405 million divided by .80 exchange rate = A$506 million x 7% royalty ( again conservative because we got 10% from australian order.)
GRAND TOTAL = A$35.4 Australian
Add to My Watchlist
What is My Watchlist?