Think about how a royalty works. Dec qtr ends on the 31st Dec. It is then calculated and under terms reported 45 days later. So how can anyone pay for something before they know what the sales have been. And remember royalties are not like an invoice in a system. You colate dozens if not hundreds every qtr and processs payments.
Yes i have paid advance royalties in my roles but very rarely and not for chump change.
That's the usual sloppy way these reports have been written.
- Forums
- ASX - By Stock
- WFL
- Encouraging Report
Encouraging Report, page-21
-
- There are more pages in this discussion • 59 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