IOT 0.00% 0.1¢ iot group limited

G'day Rumpel, I understand your concerns but there are a couple...

  1. 1,563 Posts.
    G'day Rumpel, I understand your concerns but there are a couple of things you might like to consider regarding this proposal.
    Regarding predictions of Gross Margin on goods, it would be very unwise for any company to post this information in the public arena, especially if you are a newly formed corporation without a track record, yet. Apart from the damage it could do to the company as an entity, as a shareholder myself, that kind of information release would make me very uneasy about the professionalism of the company.
    Regarding OTT, there was a previous post on HC with compounded revenue predictions listed from 2017 through to 2021.
    I'm also very skeptical about your suggestion to cause the SP to quickly jump to 50c. As nice as that may be to holders in the short term, at this stage IMHO we as shareholders need to have confidence that this information will be released in an orderly fashion by the company, not as a knee jerk reaction to a low SP.
    Cheers
 
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