NOR 0.00% 4.8¢ norwood systems limited

Corona Contracts & $1M+ Carrier Deals, page-809

  1. 3,164 Posts.
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    C'mon Webbmeister..
    You know there's no chance of a CR this financial year, later 2017 if at all.. So don't start stirring, and joining in with the CR choir. (Trying to impress Coco?)

    It is disgraceful on Nor's behalf that they have continued to refuse to update shareholders. What's even more frustrating is every time I speak to them, I'm told the same BS.
    I've been getting told for 6 months that everything is progressing, nothing at all gone backwards.. "could be days, could be weeks" regarding telco deals and big corona contracts....

    I keep believing Nor/Paul, and have great respect for him.. but 6 months of everything sounding so positive, such big expectations, such big plans for the coming years.. but STILL NOTHING AT ALL!?! It's not hard to see why so many people have sold out, questioning whether it's all just 1 great big con job.

    I get that they are confident in the end result, and don't want to update until they have big news.. but they are simply torturing shareholders and the short term share price. Simple updates to keep things positive, give us some encouraging signs to assure us deals are coming! I also understand they aren't bothering with average news (other MoU's, all the smaller corona customers, patents etc), because previous average news announcements have had a negative effect on the share price... but the share price has already well and truly been severely ravaged up the coight.. IF the share price was 10c, average news wouldn't help...
    at 2c, average news WOULD HELP! Bring back some confidence.. as soon as it turns, it will keep rolling.
    Tell us what's happening, what they're working towards..
    Just a pissy world phone update, anything!.. I would be even happy seeing an announcement that tells us what Paul is having for lunch today.. anything to ever see that "announcement" icon beside NOR on the watchlist, at a time other than after hours Friday each quarter.

    The market has been strong for months, and Nor have failed to take advantage of it at all.
    The share price has been a disaster all year, then it's topped off when Brexit hit (according to them)... but since then everything has picked up, except Nor.
    What's next.. market corrects, and takes us further down?
    Get it rolling already..

    Surely they can give the market some sort of update out of respect for shareholders, desperate to know what is going on with their investments.
    We've been expecting a deal since June...
    We really don't care if they are in negotiations with 10, 15 or more telcos, when we still haven't seen 1 secured.
    I really hope they aren't considering dragging this out until the next quarterly without an update, because 10's of millions of shares will be sold off by then.
    Pick up your game Nor, and start treating you shareholders properly if you want to retain them.

    Best day of the year, this Sunday.. Bathurst!
    2nd best day of the year, whenever Nor finally gives us something.
    (hopefully by the end of tomorrow).

    Can see all the big players queueing up in the buy depth.. let's hope Nor give us something BEFORE they get their trucks loaded right up at the perfect time.
    No doubt the big players will be on at the right time, but in the meantime, all the loyal, genuine holders are continually slaughtered.

    Friday update? This week...
    We've seen mid Friday updates earlier in the year.
    Not sure we should expect pre-open announcements now, as Perth are 3 hours behind with daylight saving.. Just give us something!!!
    Last edited by Holla: 06/10/16
 
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