AVX, a reminder8 Oct 2018 12:23
CAP-XX expects to receive upfront licence fees over a three year period and a 5% royalty for the life of the patents, based on the volume of sales of supercapacitors sold by AVX covered by CAP-XX patents. The last of the CAP-XX patents granted expires in 2029. New patents applied for by CAP-XX will extend this date beyond 2029 once granted.
So, if the TDK licence is on a par with royalties from Murata/AVX, this implies a 50% ongoing increase on existing revenue. Will CPX be able to commence dividend payments in 2019/2020, without any further licencees?
Time for Mr Kongats to give an extremely "smiley-happy" interview.
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