IOT 0.00% 0.1¢ iot group limited

Chart, page-12

  1. 424 Posts.
    Price of product = $399 USD.
    Assuming 20% margin Profit = $79.8
    AUD Profit = ~$100

    Market cap = $35M.
    Quantity to be sold to equal MCAP = 350,000 units
    Would need to sell
    Yr 1: 50,000
    Yr 2: 100,000
    Yr 3: 200,000

    Before considering marketing, stock compensation, replacement model and ranging costs.
    Mcap looks over inflated to me.

    Watch out.
 
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