IOT 0.00% 0.1¢ iot group limited

Ann: Trading Halt, page-20

  1. 636 Posts.
    Hey Warnie

    The qtrly had 3m cash plus .961 r&d refund plus sales expected .5 to 1m. Less about 2m of outflow. Should have at least 2m cash left IMO.

    Also announced us1m in inventory. Which in my opinion is approx 10000 units of which they have announced 3600 in POs. Should have plenty of inventory.

    Qtrly also said trade financing arrangements in place!

    So as always the details and comparison to prev ANNs will be interesting. Per my earlier post airselfie also seem to be selling direct via amazon so an update on that would be expected either now or in the qtrly

    IMO only
 
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