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ann out!!!!! tfs agreement, page-23

  1. Chargerpk
    487 Posts.
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    24/12/04
    09:43
    Post #: 732114
    Chand, I too was wondering about the size of royalties.

    see this in the article in todays Age.

    "TFS had revenue of $US1.73 billion in 2003. With royalties tipped to range from 6-25 per cent, of revenues, depending on the industry involved, income could start at $A34 million a year."

    ....so 25% royalty on 40% of sales of 1.73bil, and this is B4 additional sales...hmmmm
    TZL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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