NOR 0.00% 3.7¢ norwood systems limited

Ann: Quarterly Activities and Appendix 4C Cashflow Report, page-47

  1. 1,437 Posts.
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    So... you won't commit to an exit date after 2 more years of nothing significant?

    WOW. Some people really can't admit they're wrong. Not even to save their own hard earned.

    I've heard about people's reluctance to admit they're wrong. I've witnessed it sometimes. But to not even say that you'd consider it. To entirely dismiss admission and just instead decide you'd hold 24 months from now with no progress and undoubtedly another CR (don't call that unlikely. They can only draw down the RnD once a year. No significant deals in 24 months with almost certainly require a CR).

    I was WRONG about NOR.

    I was WRONG about VOCUS

    I was WRONG about APT (I thought it was overvalued at $20 and then again at $50)

    I was WRONG about VITA (I lost a bit on it)

    I was somewhat WRONG on AB1 (I made a very healthy profit, but what I didn't cash out is currently in limbo)



    See how easy it is?

    Like, why is it so damn hard guys?

    NOR has been offering this voicemail stuff since around 2019 right? I mean, World Phone and stuff has been even longer, but the Visual Voicemail spawned in 2019. You're saying, that even by 2023, 4 years after initial launch, if NOR hasn't managed a single good (good being something that can help them turn a decent profit, not just stay afloat), deal, you will just merrily continue to hold and somehow believe that 2023 is the year?


 
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