NOR 0.00% 3.0¢ norwood systems limited

General Comments, page-6022

  1. 7,323 Posts.
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    Hats off to NOR, after the last CRs, they've expanded the team with 3 telemarketers (Growler)/global employees (Disco); seeking to cash in on the AI-mania.

    Meanwhile, in the last Q, BRN appears to be shutting up shop. Or at least half the shop. Q on Q expenditure on production, staff and admin has halved.

    NOR going all in knowing if the SP remains over 0.024, there's ~$1m in another CR by 31/12 and the rebate is received in Dec Q.

    Or should NOR be following BRNs lead in preserving cash?

    I've given my views why NOR stands zero chance of executing a commercial deal with T-Mobile. But you go right ahead with your fantasy scenarios; none of which have ever played out.
 
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