IOT 0.00% 0.1¢ iot group limited

Wait for the quarterly, which should outline cash burn and...

  1. 8,900 Posts.
    lightbulb Created with Sketch. 1064
    Wait for the quarterly, which should outline cash burn and sales.

    They had $7.1 mill and expected to use $3.2 mill this quarter, poor sales at this stage will most likely be reflected in going back to the market with cap in hand, at a highly discounted rate to those that chipped in at 7c last year.

    Need to see sales figures yet, the company is suspiciously quiet though on these.

    Cheers
 
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.