Australia's largest stock trading and investment forum Australia's #1 stock forum

IOT

Click for more information

0.00%

0.1¢ iot group limited

Phone Call to Ian Duffell, page-55

First 55 Last

Share
Profile

Follow
coppa1

14,055 Posts.

395

08/06/16

09:39

Post #: 17979972
Share

Originally posted by 5hareholder ↑

It all sounds good. Ofcourse. Because no director would tarnish their own company's name.

Calling the director never really alleviates much, it just gives that 'warm fuzzy' feeling in the belly of those who are a bit worried about their holding.

The really question is, is this worth $20M (4c) or $200M (40c)?

Hypothetical - if they make a margin of $50 per unit, and sell 10,000 a year (or ~30 a day), there's $500,000k in cashflow per annum, your 4c scenario. But if they sell 1,000,000 a year to a global market then that's $50M cashflow and we're really talking.

There's no doubt over the product, they will eventually deliver, its just a question over how many they will sell. And that is entirely in the consumer's hands. Apple delivers a prototype/beta for review about 2 weeks out from release, but have their products ready to go about 3 months out. IOT are cutting it fine here; they have plenty to learn.

Expand

Plenty to learn

Please check out Ian Duffells resume

He is a gun at launching new product on a world wide scale.

IOT Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

IMA

Issues emerging as Australian companies tackle critical minerals challenge

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 55 more messages in this thread...

First 55 Last

Add IOT (ASX) to my watchlist