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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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $22.25M |
Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.5¢ | $1.444K | 30.72K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 275630 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 52773 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275630 | 0.046 |
2 | 171081 | 0.045 |
1 | 180000 | 0.044 |
3 | 588888 | 0.043 |
1 | 100000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 52773 | 1 |
0.049 | 79600 | 1 |
0.050 | 306297 | 4 |
0.051 | 91455 | 1 |
0.052 | 250000 | 1 |
Last trade - 11.41am 24/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
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Change
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Open | High | Low | Volume | ||
4.7¢ | 4.7¢ | 4.7¢ | 1727 | ||
Last updated 11.41am 24/05/2024 ? |
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