I'm not too convinced World Phone wasn't meant to be a revenue maker considering they pumped millions into marketing it and were quoting revenue run rates in the millions - if it wasn't meant to be a revenue generator why would they communicate revenue updates to the market untill the trend turned sour?
I remember seeing a clip on youtube where Ostergard mentioned that they were 'licking their wounds' following the World Phone marketing initiative and were hence refocusing back to Corona. Unfortunately I can't find it now, but it pretty clearly showed that they were investing in WP to make money. In their early presentations they show the profit model as a function of lifetime customer spend less cost of call less cost of customer acquisition... no indication they believed they would achieve a negative gross profit from world phone usage.
If the quality of WhatsApp
/Wechat/Skype is crap (i.e. compared to Corona) then they should be able to sell the company/techology to one of them. My point is that those companies already have the scale whereas Norwood do not, so I don't think it makes financial sense for Norwood to compete as demonstrated by their FY16 4E.
- Forums
- ASX - By Stock
- NOR
- Lets get the first deal done!
Lets get the first deal done!, page-62
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
|
|||||
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.58M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 185913 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 190247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 185913 | 0.036 |
2 | 200000 | 0.035 |
1 | 125000 | 0.034 |
1 | 10000 | 0.033 |
3 | 575000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 190247 | 1 |
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.043 | 1630000 | 2 |
0.046 | 46559 | 2 |
Last trade - 10.10am 23/08/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online