NOR 0.00% 5.0¢ norwood systems limited

Does anyone remember fellow Perth tech dog and one time partner...

  1. 7,168 Posts.
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    Does anyone remember fellow Perth tech dog and one time partner of NOR, PIL?

    I always thought this partnership was formed in the take-away coffee queue when both tech dogs needed "news". I know, call me a cynic.

    But it seems PIL are kicking goals as they get on board the AI hype train. Toot, toot!

    They have a MC $28.5m and 6 month revenues of only $127k. This ignores the recent $500+k contract signed since Dec/23.

    So how can another Perth AI tech dog be worth more than NOR despite having less revenues for the same period?

    IMO, it comes down to:
    Stock promotion.

    When was the last time PO promoted the stock? By promotion I do not mean LinkedIn posts only seen by the usual followers. But promotion targeted to new, prospective holders? Was it the Coffee Microcaps thing done more than 1 year ago? This is in stark contrast to when PO would go to the opening of an envelope, even one not containing cash from a CR, to promote NOR.

    By stark contrast, PIL are interviewed on Small C@ps today.

    Further, after talking up MWC, why has NOR been silent since and why have we seen attempts to prop up the SP?

    All imo...
 
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