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Yes true, however the announcement does say if the company sells...

  1. Chao88
    608 Posts.
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    22/09/17
    18:44
    Post #: 27405147
    Yes true, however the announcement does say if the company sells 10K watches revenue will double. So going by this 2600000/10000 = 260 per watch. It would be interesting to find out what the margin is per watch.
    Last edited by Chao88: 22/09/17
    MWR Price at posting: 43.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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