IOT 0.00% 0.1¢ iot group limited

Chart, page-15

  1. 279 Posts.
    Thats not how it works.

    Assuming your numbers are correct, this company would have a multiple of 10-15 times, higher if growth number are greater.

    So for $35m market cap at 10 times they need to make $3.5m at 15 times they need to make $2.3m

    Yesterdays announcement discusses 10,000 per week going to 50,000 per week.

    so 500,000 units at even AUD$50 is $25m times 10 is $250m times 15 is $375m market cap. If they can sell 50,000 per week times that by 5.
 
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