WFL 0.00% 0.3¢ wellfully limited

Ann: Appendix 4C - quarterly, page-15

  1. 5,345 Posts.
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    Just to be clear. Financial
    Revenues of $23,151 were received by OBJ Ltd for the December quarter. The
    balance of September quarter product royalties of $296,120 due during the period
    were deposited by P&G in January making a total of $319,271.

    The total is "ok" but not in line with guidance in previous update which said income would gradually ramp up. Seems to be gradually staying the same? And PG doing everything they canto further destroy their vaalued award winning supplier by even delaying payment longer than 210 days??

    I was thinking anything less tha 300k would be carnage at this stage so hopefully if punters read the update they will at least see maintained earnings. It Seems, and I hate to say it, next 4c is ritical, as there can be no denying there is a lot of product out there now. The great posterrs here on hc have demonstrated products into plenty of stores and shekv as across the globe so if we get another 300k next quarter that is farcical.
    Last edited by andrewk65: 31/01/18
 
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