CIO 0.00% 1.8¢ connected io limited

Ann: Trading Halt, page-25

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  1. 1,047 Posts.
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    Bottom line with this company is they have gone from 3 cents to 1 in a short period of time. Management have only done a good job at creating uncertainty. The Suspension didn't help, and now Management have had holders hanging out for this ruling on the gold asset. Management need to paint a clear picture from here because a basic announcement stating they have lost is only going to result in more downside. Information will be required on debt facility, and how the company is going to top up the coffers. Further dilution down here would be a disaster and take them well over a billion shares. Last raise was at 3 from memory, so these guys really need to get their act together. Management clear path forward please and remember you are a tech company. It might be Leopard management that let the lease lapse but current management are responsible for putting too much emphasis on it. 1st Ann about it was late 2016. Its had another couple of updates since then. Also in the last quarterly as well. At the end of the day we want to see good revenue increases with new contracts coming onboard.
 
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