CIO 0.00% 1.8¢ connected io limited

Multibagger in the making. 360% growth.

  1. 10,101 Posts.
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    A bit of thread to mark a line in the sand with a state of the nation summary...

    2017 saw a revenue increase of 364% to $2.44m. Purchase orders for 2018 are already at more than $3m for 2018 and the company's forecast for 2018 revenue growth is greater than 2017 (greater than $11.2m).

    In the next short while, we are going to see the following news which could cause a significant rerate.

    * Quarterly update confirming last quarters growth
    * News on the 5 contracts currently getting close to finalisation
    * Update on LG and their initial order (and maybe a forecast)
    * An update on 2018 Growth
    * Significant new sales contracts
    * Signing one of the worlds largest Franchise
    * News/Sale of Mission and Cables Gold prospect
    * Current chart is looking very good for the bottom to have formed and TA buyers could move in.

    Given the recent 3c cap raise and CIO currently trading at 2.7c, one would think their is significant upside at current prices than downside.
 
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