NOR norwood systems limited

Ann: Corporate Update and Quarterly Reporting, page-52

  1. 3,872 Posts.
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    I know some of you know much more about the numbers in the quarterly than I do..
    But, the people who are saying there will need to be another CR, why do you expect they will continue spending 3.3m a quarter from here on? They are established, that requires huge spend I would assume.
    Don't you think revenue will continue to improve significantly, considering WP is well established and more customers are converting to paying customers, after the initial free minutes use?
    WP to WP will continue to help gain customers.
    I would expect alot of the Corona spend is already done.
    The 3.3m also includes a big chunk of advertising, and now there are 3.3m downloads..
    Why would they need to keep spending quarterly 3.3m's?
    If there is another CR in the future, I can't see it being until Q4, if at all.
    Or aren't profits expected in the next 12 months?
 
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