IOT 0.00% 0.1¢ iot group limited

Ann: Exclusive USA Distribution Agreement-IOT.AX, page-250

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  1. 11,416 Posts.
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    1. They wont be selling direct to market.
    2. The $500AUD retail is not indicative of revenue as the product will be sold wholesale.
    3. The wholesale to retail markup is anyone's guess but a wholesale price is 50% of retail is a good guess.
    4. No turnover can be predicted until the company has PO orders
    5. Products like this typically have a fast drop off in sales once the market is saturated, and the market for a $500 toy helicopter with a camera is not that big IMO.
 
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