NOR norwood systems limited

Ann: Norwood World Wi-Fi Presentation-NOR.AX, page-158

  1. 1,225 Posts.
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    Ah coco did ya miss out on that swell yesterday ? Bruns north wall had some great lines.


    They have at least 4 million in the bank now with absolutely no debt financing.

    Short haul voip is a win/ win for telecos and customers. Sure its 6 months late but they now have corona in beta trials, a stable wp app across 2 platforms with gdp and free app to app and still out ranking most OTT's with a 4.2 rating on android.

    App spend reveune is less than expected but its consistent giving weight that users are happy with the product even after the big ad campaign has stopped.

    Many of their potential ott white label customers have revenues bigger than 6.5 million dollars per year and otts are going to start to make deep inroads.

    OTT 's are the future and nors tech is class leading clarity. The potential for a foward thinking teleco to leverage this is large. Very large.

    Sure nor is still a high risk spec stock, and we know now that wp is unlikely to be a viral consumer app in its current form but i ask again.

    Why are you so sure NOR will fail ?
    Last edited by brentv: 11/07/16
 
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