Lets all be very clear here. The company has already told us what the royalty fees for March quarter and the upfront payment for the second tech is. There is unlikely to be anything more than that for the impending 4c i.e. circa $296k
Refer revenue update on 2/6/17:
OBJ has been informed that royalties from the Licensee for the March quarter,second brand using Wave I.
pertaining to skincare launches in Asia will be US$94,290 (~A$127,400). In
addition OBJ has received, ahead of expectations, the first standstill and royalty
fees for the second technology licensed to P&G, amounting to US$125,000
(~A$168,900).
Chairman Glyn Denison commented: “The royalties that our Licensee has reported
includes the brief promotional period for Wave I products to coincide with Chinese
New Year. It also includes the first introduction to the market of the sales of the
The good thing is the company is now informing us when the monies hit the bank as opposed to us waiting till the subsequent 4c's, hence six-eight weeks in advance of 4c. Which reduces the need to wildly speculate. Of course the 4c also is a time to update the market as well on developments.
- Forums
- ASX - By Stock
- Ann: International Launch of SK-II Magnetic Booster
Lets all be very clear here. The company has already told us...
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online