NOR norwood systems limited

Ann: Application for quotation of securities - NOR, page-11

  1. 7,323 Posts.
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    Good on you for giving your prediction with some meat on the bones.

    I note the senior Optus peeps who implemented their current AI solution have departed in the last couple of years.

    The service provider has 15,000 employees, globally
    https://www.247.ai/

    Did you read the news in October re: Infosys and Telstra partnership?

    I still haven't seen a compelling use case for an AI Digital Assistant. I do not need one. I do not use VoiceMail either and haven't done so for many years. I understand that I may not be the target market for CogVoice. But who is? Do you need CogVoice Doz? Does the tradie need it?

    As I've said previously, if a big holder cannot find a reason to use the product then:
    1. Why hold the stock
    2. Why would you expect anyone else to find the product offering useful?

    Case in point... I currently hold stocks with exposure to copper, gold, RRE, silver, and uranium. And yes, I consume products/services related to these commodities every day.

    As such, I do not see any major deal within your timeframe. Major deal being commensurate with Performance Incentives and not Proof of Concept/pilots (we've all seen how these have panned out for NOR previously). I also see a cash balance of $300-400k by 30/12.

    All imo
 
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Last
2.5¢
Change
0.004(19.1%)
Mkt cap ! $12.89M
Open High Low Value Volume
2.1¢ 2.5¢ 2.1¢ $30.98K 1.356M

Buyers (Bids)

No. Vol. Price($)
1 150000 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 52146 1
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Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
NOR (ASX) Chart
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