CIO connected io limited

Getting a plug on M2M Connectivity, page-8

  1. 22,770 Posts.
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    Plough can't comprehend that the COGS include inventory on hand till March + and that they may report orders, receipts and cash one of many various ways

    In terms of breaking even, independent research stated they were breakeven at $11Mp.a in sales ... if they secure the $6.9M deal they are well on their way

    Price action is very surprising given that you'd expect that if the deal were to go binding, it would do it this week judging by wording of last announcement

    Should know before long
 
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