IOT 0.00% 0.1¢ iot group limited

Fun while its lasted, page-3

  1. 6,340 Posts.
    lightbulb Created with Sketch. 250
    Really Jono?
    Did you read the annoucement?

    7c seems reasonable for the position that IOT are in. I can't imagine IOT closing tomorrow any higher than today.

    Until further news about pre-orders comes in, there's no real justification for a higher SP.

    I think the real question is, why do you think the SP should be higher?
    There are no pre-orders or any figures coming out. Sure IOT is producing 5x more product, but that means absolutely NOTHING without sales coming through.

    I think you need to be more realistic with your expectations. We all want 10c+ for IOT, but that will take time.
 
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.