IOT 0.00% 0.1¢ iot group limited

Extremily Interesting & potential 10-bagger, page-51

  1. 17,370 Posts.
    lightbulb Created with Sketch. 1340
    Good to see the SP hit new highs today after the traders had their fun in the morning.

    After more research on the weekend, I'm staggered at the amount of press this company with its innovative products is receiving!

    The buzz surrounding their products alone will drive a huge level of sales.

    In an earlier announcement, they referenced Lily (a competitor to the Roam-E product) that launched for $900 & they received 34m in pre-orders

    Our product is cheaper & more advanced ... No wonder they wanted to partner with a manufacturing facility capable of producing 50,000 units PER WEEK

    The sheer numbers are staggering on this one & with 273m shares on issue (prior to performance shares) this still has enormous legs.

    A pre-order update should be coming ASAP & this could be the catalyst for 10c in a heartbeat.

    Beyond that, just imagine if they hit their buy-out hurdle which was NPAT 1m by 30 June 2016 (yep - only 2 months away)

    WOW
    Last edited by Wise_One: 26/04/16
 
watchlist Created with Sketch. Add IOT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.