WFL 0.00% 0.3¢ wellfully limited

Respectfully everyone seems to have forgotten about the millions...

  1. 2,065 Posts.
    lightbulb Created with Sketch. 1251
    Respectfully everyone seems to have forgotten about the millions P&G spent to validate our tech and the fact that we get a royalty on the packaged products that were already billion dollar brands. Keep in mind we had nothing to do with making them million dollar brands and don't spend a cent on advertising, distribution, manufacturing etc etc on these products so i think they did okay


    These are generation 1-2 products and were never going to be company makers no matter how many units are sold. The game changed when we became partner of the year for this behemoth after MM's sold thru the roof,  well after contracts had been signed. 


    We can see from the earnings reports for the last 2 years just how important these 2 brands are to P&G as they are THE ONLY one's with double digit growth and we are smack in the middle of it


    They are moving from applying products with the finger for the last x years to an applicator that makes the products more effective without cannibalizing the current product range...no mean feat...but then WTFDIK


    off to enjoy the weekend


    later







 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.