what? why wouldn't you accept the shares is lieu of payment?...

First 27 Last

Share
Profile

Follow
brenjamin

2,417 Posts.

17

18/05/16

09:32

Post #: 17797530
Share

Originally posted by aaron$ ↑

You kinda contradicted yourself "he is just trying to sell to make profit, which is fine for him to do, but wont affect my investing decisions."

> Marketer's profit is a result of them selling ROAMe devices en masse
> Sale of said device results in revenue streams for IoT
> Revenue streams for IoT means increased business valuation
> Increased business valuation = increase in market cap = increase in SP.

Also, nothing of substance? IoT managed to get demonstrate their product and the get the marketer so execited (and its hard to con a con), that the marketer accepted shares instead of cash. The marketer would have to be the most stupid individual on the planet if they accepted this deal thinking they could not sell the product. The may be in the sole job of conning people to buy a product, but conning themselves, nope.

We will know in 40 minutes which way the market wants to go. Buyers will be hesitant at first, then will want to join the reversal. A lot of contrarian investors exist out there.

If you want proof that this stock bounces (and this was on the way down):

11th May: Dipped to 12.5c, rose to 15.5c. ( 24% increase )
16th May: Dipped to 10.5c, next morning up to 14c ( 33% increase )
17th May: Dipped to 9.7c, next morning, prob get to 11c then who knows ( 13% increase ).

Swing trading this aint difficult; this will boost price. Contrarians investors will pick perfect time and buy in. Reversal signs start to appear, DT'ers will buy in.

The pre market aint showing signs of mass exodus, time will tell

Expand

what?

why wouldn't you accept the shares is lieu of payment?

It's still money dude. Flawed logic on this one.

IOT Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

FL1

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

There are more pages in this discussion • 21 more messages in this thread...

First 27 Last

Add IOT (ASX) to my watchlist

what? why wouldn't you accept the shares is lieu of payment?...

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

Featured News