IOT 0.00% 0.1¢ iot group limited

Ann: June 2016 Quarterly Report-IOT.AX, page-238

  1. 9,185 Posts.
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    Yeah no worries. Though you may have missed it.

    That is not a Aussie based site. In Aussie accounting it is considered cash IMO. IOT have not supplied the goods but they have received cash into their bank account from credit card company. If that is the way IOT are accounting for it then there were very few sales IMO during that period. If there was a massive number of sales then you would expect IOT to have announced it IMO as they have seen the decimation of share price but just can't tell with these guys .
 
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