NOR 6.98% 4.0¢ norwood systems limited

Ann: Launch of World Phone 2.0 and Corona Cloud 1.0-NOR.AX, page-55

  1. 5,019 Posts.
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    Pollyanna principle in full force here, scrapping previous plans (lauded by holders as the next big thing) releasing v2 of something that was previously touted as a great thing, huge customer demand a pipeline (when the old product apparently had paying customers and a big enterprise pipeline .. of which none actually seem to have paid any money) .

    And now new things, for new markets .. and all just happened to be ready before the 3 monthly accounts are revealed.


    Feel bad for the long time holders who thought today's little day-trader flurry was a sign of big buying interest. Suspect it was just a few stale holders or DT's gone bad getting out to be honest.

    Next week, 2c or lower is my guess.
 
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