NOR 0.00% 3.8¢ norwood systems limited

Ann: Results of Meeting, page-63

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  1. 2,674 Posts.
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    "NOR only provides updates on this at each AGM"

    Patently false. They have provided updates in every Q since announced. Read the updates under 'Telco Vendors".

    "You seriously believe a litigious company like Microsoft would install NOR's software into a Tier 1 Telco without any formal agreements?"

    My understanding is the "65M" project (actually 100m) you are referring to has only been planned. i.e. nothing has been installed.... mayb pushed back due to Covid

    "Has NOR ever disclosed that talks have discontinued?"

    No.... from ASX ann: "if there is a change to the negotiations such that Norwood no longer considers that these partnerships will be formalised, Norwood will immediately update the market."
    Last edited by d_l_b: 03/12/20
 
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