IOT 0.00% 0.1¢ iot group limited

https://en.wikipedia.org/wiki/Redbank_Power_Station Looks like...

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    https://en.wikipedia.org/wiki/Redbank_Power_Station

    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?
 
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Currently unlisted public company.

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