Ann: ROAM-e Update-IOT.AX, page-423

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22/07/16

12:03

Post #: 18336542
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Originally posted by digger55 ↑

I am looking for a bit of clarification please, I am a just a retired old fart so brain doesn't work like it once did.
Am I correct in assuming the price is being driven down by retail SH who have got nervous about the poor management performance re release of info to market ( sometimes when you have got nothing to say it's best to say nothing) My rather simple look at things is based on number shares trades since CR announced.

Since CR announced on 6/7 approx 137 mil shares have traded ( not sure if only ASX or incl chi-x)
56 mil traded from 6/7 -12/7 when CR shares listed
96 mil traded after CR shares listed of which only 56 mil shares have sold below 7c CR price
This doesn't seem to me to be a large amount and certainly doesn't point to CR holders selling heavily if at all.
To me this points to a bit of panic selling by nervous holders, must admit as I hold a quite large investment (still in profit) I have a few nerves and nagging doubts on a few issues I have stated before re bona fides of distributors.
We all know (UR and DR) that everything depends on them having proof of working product and orders within the next few weeks so I am happy to wait until then.
And I don't need the constant repetitive comments to remind me I KNOW

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The fact of order delay and poor Comms have made the company a joke, the only resolution now is ask CEO to stand up and provide an update on the cause of delay and its effect.

Unfortunately no one in HC is qualified to provide advice, you will just have to contact the company.

IOT Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
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Ann: ROAM-e Update-IOT.AX, page-423

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