NOR norwood systems limited

Ann: December Operational Update, page-11

  1. 44 Posts.
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    It's a public forum, you can do what you like, but multiplying a yet-to-actually-provide-fruit contract and just guessing at user costs, the number of users and downloads is kind of... dumb

    HotCopper has 300,000 users. If I wanted to play your game, I can suggest based on birth rates and the average age of a Hotcopper poster, in 2 years another 300,000 users will begin investing and join HC. I suppose we should multiply current HC revenue by 2 and say that in 2 years HC will be making $8 million per year?! Making up random numbers to suit your agenda just looks bad!!!! 

    I suppose time will ultimately tell. The 4C this quarter will be good, according to this announcement, but we don't know how much of the revenue is simply the upfront, non-recurring, part of the Spark deal. In April 2019 we will get another 4C, which will shed more light on things, and by your calculations we will see another $1 million deal by then?! 4 months to contract, as you say?!

    Last edited by Speaker4Dead: 21/12/18
 
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