CFO 0.00% 1.9¢ cfoam limited

Malia asked why didn't they release the contract amount The...

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  1. 1,306 Posts.
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    Malia asked why didn't they release the contract amount
    The contract with Navy is with Touchstone.
    However CFOAM mentions USD $1 mill per ship for 3000 cft so I would be asking what part of that USD $1 mill does CFOAM get.

    Now $1 mill USD for 3000 cft is around $333 per cft which from memory was about what cfoam mentioned years back, someone can check.

    But the figure mentioned was not clear what cfo get out of the $1 mill USD.
    Is it $1 mill worth of cfoam to cfo or is it $1 mill USD to touchstone.

    So I would like to know exactly what cut cfo get from this.
    Are they quoting cfo cut or touchstone numbers.

    Over to you ASX.
 
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