Morning, I've taken the 10k as the working margin in your...

Morning, I've taken the 10k as the working margin in your example above. Therefore IOU taking 1% and the distro channel 2%.

That being said, I believe the example numbers are not indicative of their current margins as described in their % range in the presentation.

There could be different clips based on the provider and the product sold, (they could represent 5x providers with 3 products each) which would potentially validate the range.

I'm attempting to seek clarification on the difference between the the monthly range (2-4%) against the weekly amount (.5-1%) however it could be taken as a variance from the monthly range. Although the CEO presentation scenario clearly stated .5% as the base.

If anyone is still in open discussion with IOU, can they seek clarification?

happy to be corrected on the above

FYI I'm holding IOU for the long term and utilise this forum as an opportunity to be objective in my discussions.