NOR 6.98% 4.0¢ norwood systems limited

Please enlighten me, page-8

  1. 1,225 Posts.
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    That's the question on everybodies mind isn't it. Even harder to value a tech company. So much focus on these threads on download numbers hardly any talk about credits purchased through the app. That's the only number that really maters.

    Wombat wrote a great piece on this topic last week. Us retail investors are the last to know whats truly going on. We get to pick the crumbs after the big boys have had their share.

    All I know is that the option to buy more shares at 8 cents for institutional investors was oversubscribed by a factor of 10 to 1. The big boys are not showing that kind of interest so they can ride the wave to 11.5 cents. They clearly see big value in this company and after all the down trading and scare mongering of the past 2 weeks nobody is getting my shares under 50 cents.
 
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