IOT 0.00% 0.1¢ iot group limited

Ann: Response to ASX Appendix 4C Query, page-19

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  1. 5,445 Posts.
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    The problem now is ( apart from obvious structural and management) is that at .004 there is only 3 trading stops possible on the downside so someone may choose to flush out 2 of those and try and cause a technical run. All the punters in with a 0001 bid? That would b below shell and losses value IMO depending on dilution on recapitalising and what is really backed in.
 
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