I respect your patience. I guess it comes down to how beneficial you view the product. Debt collection is big business. And like u said time will tell yes this is a penny stock and is speculative.
My thoughts are that it takes time for purchasers to decide to subscription, change operation procedures, change managing system, train staff and then implement.
At the same time it takes time to establish sale channels. Since this iod listed less than a year ago I think 6 months is a fair call.
Ann: IODM taps into new customer base with strategic partnership, page-13
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $114.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $68.35K | 360.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 69456 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IOD (ASX) Chart |