Looks like IOT is a ASX gig economy or strata on the ASX. Simply back anything into IOT listed structure as long as it comes with some cash to pay outgoings as a "partner"and hope one flys?
A new back door fund manager, broker, finance introduce so to speak without any of the LIC tax benefit. A conglomerate of ideas ? How are they going to control the required reporting ?
So are they doing this to take advantage and get strategic control of a asset or someone elses ideas / business or are they trying to offer a listed vehicle as a commodity to microcaps?
IOT Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held