IOT 0.00% 0.1¢ iot group limited

The posts lately..., page-23

  1. 1,243 Posts.

    Of course... It is possible they need to $11-$12million and all the cash they have so far to meet demands of big orders... In the end the big retailers will hold the power and will most likely dictate terms in terms of desposits etc.

    There would be nothing better than seeing an Aus. Tech company making the big time. But too much is up in the air at the moment to see what will be... (Yes, I know it's a spec stock and this is part of the game). I can't remember the stats exactly, but it is something like only 1 out of 200-300+ spec stocks actually become profitable and a long term player...

    It is their first "big" product... And I'm sure they'll learn a lot from this... For example realistic timelines... Getting a working prototype up and running and allowing investors to see it in the flesh... Etc.
 
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.