IOT
Click for more information
0.00% 0.1¢ iot group limited

Hello fellow punters, I'm fairly new to investing but not to...

  1. ratatouille
    68 Posts.
    clock Created with Sketch.
    17/02/17
    09:18
    Post #: 22689560
    Hello fellow punters,

    I'm fairly new to investing but not to doing business. And I cannot believe what I'm seeing here.
    Is this for real?
    An ASX listed company reselling couple of drones on Amazon? In one of the most competitive markets?
    From what I was able to find they managed to churn through >$10mil last year with nothing to show for it?
    They're projecting $25mil revenue... anyone can achieve that without any issues, the question here will there be any profit? No profit projections = loss expected

    All I can say is haha - very funny, they got me
    IOT Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
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.