No it's not s good question.
Your understanding is correct and it's clesrly stated in the contract.
Example.
say RAC earns a 15% royalty.
COH get low single digit of that.
Say "low single digit" is 3%
COH get 15% * 3% = 0.45% and RAC keeps 14.55%
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 (20min delay)
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Last
$1.16 |
Change
-0.015(1.28%) |
Mkt cap ! $201.5M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.18 | $1.15 | $43.72K | 37.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4346 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 2188 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| RAC (ASX) Chart |