Upfront Cash plus RoyaltyI guess we get the cash and the Royalty will enrich the selling price of Wilan.
Wilan has been a frustrating asset because of the volatility and unpredictability of its revenues.
This necessarily has had negative impact on Analyst targets .
Including the inflow of cash from Apple, we have a solid cash hoard to acquire a robust and predictable business whose stable cash flows will boost the share price and engage a higher dividend.
Onwards and upwards