Did this come as a surprise to folk on here ?
I can clearly remember the press conference with DK and I can’t remember any mention of a pay off. Understand he couldn’t give specifics of the deal but he did give the impression of a very favourable deal to RFC
Assume the average margin on a strip is £20 - that’s 150,000 strips that need to be sold to break even on a £3m pay off
Is not a critism as we’ll make the £3m back over a period of time but I’m sure but I can’t say I was expecting that
I can clearly remember the press conference with DK and I can’t remember any mention of a pay off. Understand he couldn’t give specifics of the deal but he did give the impression of a very favourable deal to RFC
Assume the average margin on a strip is £20 - that’s 150,000 strips that need to be sold to break even on a £3m pay off
Is not a critism as we’ll make the £3m back over a period of time but I’m sure but I can’t say I was expecting that