RAC 0.27% $1.82 race oncology ltd

No it's not s good question.Your understanding is correct...

  1. 8,380 Posts.
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    No it's not s good question.

    Your understanding is correct and it's clesrly stated in the contract.

    Example.
    say RAC earns a 15% royalty.
    COH get low single digit of that.
    Say "low single digit" is 3%
    COH get 15% * 3% = 0.45% and RAC keeps 14.55%
 
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