Ann: Appendix 3B-IOT.AX, page-16

  1. 3,114 Posts.
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    Your right China

    People are only focussed on one item, the selfie stick. But thats okay....if they do some home work and see that the Gopro business has a market cap of around 1.3 bill (US). It was up around 8 bill.

    So if you go conservative...lets say the selfie stick (one production of a range of items) gets 5% of that gopro type of market...the your talking 65 mill (US). Remembering the upper end of go pro was 8 Bill @ 5% is 400 mill

    The the smart watch market...take Fitbit for example. Its around 3 bill (US) market cap and let say they get 5% of that market. Thats anther 150 mill.

    You guys can look at the other products and possible market capture and work out what we have here.

    So the disbelievers will have look a little larger than their small one product at a time minds can cope with to see the bigger picture.

    Of course I recommend you do your own research, but I know that I'm not selling for a while
 
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