This business requires capital to manufacture the routers.
Once the routers have been sold, most clients would subscribe to the CIO cloud service for a monthly fee.
Clients can upgrade firmware, restart routers, troubleshoot etc.
In my opinion, that is where the money is. Most clients would not move away from a company that can deliver on its promises with prompt software/firmware updates and also provide a stable platform.
However, I agree that CIO needs to be more clear and concise when the make announcements.
AI needs M2M routers, I strongly believe that CIO will break even by the end of the year.
Just my opinion...
- Forums
- ASX - By Stock
- Ann: Trading Halt
This business requires capital to manufacture the routers. Once...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.1K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CIO (ASX) Chart |
Day chart unavailable