A little while ago I thought the royalties OBJ have received corresponded to a per product rate of about $0.50-$0.75.
If the current rate is 4% that suggests a wholesale product price of $12.50 - $18.75 AUD.
Let's assume $12.50 for simplicity.
$50,000,000 annual gross sales would require 4,000,000 units. Resulting in $2,000,000 OBJ Royalty.
Also, the tiered structure is totally fine. Let's hope that comes into play
A little while ago I thought the royalties OBJ have received...
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