NOR 6.98% 4.0¢ norwood systems limited

Ann: Norwood signs MOU with Major National Telco Operator, page-30

  1. 5,522 Posts.
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    This is a great announcement! The fact that a big telco (7th biggest company in Vietnam) is interested in a partnership with NOR (even if it's non-binding at this stage) proves to me that NOR's product is commercially viable. Telco's like that do their research and they would understand NOR's product and it's future much more than most of us.
    I feel like this announcement has de-risked this company a lot, completely irrespective of the fact that the announcement is non-binding and we should see this reflected in the share price. If we get more announcements of big Telcos sniffing around I'll be super happy!
 
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