WFL 0.00% 0.3¢ wellfully limited

April it seems, page-23

  1. 5,294 Posts.
    lightbulb Created with Sketch. 683
    I guess things could easily pick up quickly as it seems going forward new products are on the new royalties in advance agreement. The frustration before was endless reports of obj tech appearing on shelves all over the world in large quantities, yet we were seeing no cash from that product for as some suggest 6 months or more?
    unless i misunderstand, if we spot new product in large quantity on shelves now then in theory we should have been paid as it left the warehouse? Seems new product will hit the 4c immediately and hopefully we still have building income from old stock finally coming thro on top of basic 300k. This 4c seems to represent 20% increase ish on 300k and hard to believe it will not increase by double digit percentage going forward quarter on quarter. At the moment all we need is confirmation the bottom is in at 2cent and confidence might return.
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.