IOT 0.00% 0.1¢ iot group limited

Ann: Results of Meeting, page-103

  1. 525 Posts.
    Brass, I will allow that you are pretty new to this company - others on this thread are not. My view is this management team are very much out of their depth in the spaces in which they claim proficiency. I think this is demonstrated by the fact that pretty much every one of their forward looking announcements has been wrong. The management group is quite simply incompetent in the business they profess to be in. Time (and forensic examination) will tell if they are honest or not. Sure, they can announce a new business plan - my view is that this plan does not provide a realistic path to profit, and for the reasons previously outlined, I think the current share price at 1.6c is probably about 4x overvalued. Others clearly don't agree with me (since the price is 1.6c) but as I said, it's a marketplace which has differing views.
 
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