I see the usual sophisticated investors are talking with very little insight as per usual….however take note girls. This is what you need to know….
Going forward…."Royalty receipts will be steady in US dollar terms but significantly higher in Australian dollars owing to the lower exchange rate. Acrux pays about 30% of its royalty revenue as a royalty to Monash University but only until February 2017. So in two year's time Acrux's net royalty income will rise about 40%."
(this is not my work... roadkill)
you're welcome.
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