Australia's largest stock trading and investment forum Australia's #1 stock forum

IOT

Click for more information

0.00%

0.1¢ iot group limited

Ann: Request for Shareholder Meeting to remove a director-IOT.AX, page-158

First 158 Last

Share
Profile

Follow
jdz101

725 Posts.

31

22/09/16

16:23

Post #: 19353689
Share

Originally posted by jdz101 ↑

It's just a general feeling I get and the pattern that these tech stocks have followed in the past from when I've read through their timeline of announcements and performance.

> List on the market
> Lots of promises of big deals and pretty releases/point of sale which coincides with a pump in the shareprice
> Capital Raising
> A bad report/reports showing ridiculous cash burn considering the size of the company
> The original supposed big deals or sales fall through, prove not to be 100% accurate, or deadlines are missed
> Trading Halt
> In-fighting with management leading to a significant resignation from the directors/board
> Voluntary Suspension from trade which is extended month on month
> Curtains

Not throwing IOT in with a bunch of rotten apples just yet but they're following that pattern pretty much to the letter.

Expand

Not a big fan of quoting myself but they've ticked another one off the list.

IOT Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

NEU

Neuren sees FDA greenlight for 3rd trial into children with Phelan-McDermid syndrome

Arika to pump $3.2M into gold exploration at WA's Yundamindra following strong maiden program

NYR

Nyrada rat study shows no genotoxicity in brain injury drug NYR-BI03

CHM

Leukaemia patient shows complete response in Chimeric Therapeutics' latest trial

There are more pages in this discussion • 9 more messages in this thread...

First 158 Last

Add IOT (ASX) to my watchlist