There is a floor price to the payment (so payments each month?/quarter even if no sales...). But payment does increase when times are good. Royalty is USD..... which is why it varies between quarters (shown in AUD) Somewhere towards $20M AUD all up is being sent that way.
Got rid of another broker yesterday. The sell order timestamped at 09.59.48 for the alphabetical A stock did not get put into the match... held then executed at 10.00.02 That cost me 10% of the trade profit to not get the match. After 2 long chats with them I then spent some hours transferring stocks out to other HINs. 1st world problem. I do not need advice on that.
which is why it varies between quarters (shown in AUD)
