I like this announcement for a number of reasons:
1. It demonstrates they are showing some more sense and maturity as a company. They are taking time to assess the market and recalibrate their product. They know they have a marketable product, and they are taking the time to get it right.
2. A lower spend on advertising (which is a very large expense for this company) should see cash burn reduce significantly, giving them more breathing space to negotiate deals and hold off on raising any more capital.
3. They once again emphasised the active discussions and negotiations with other telcos. Anything could happen here, and at any time. Very encouraging.
Overall, very solid.
- Forums
- ASX - By Stock
- NOR
- Ann: Norwood Moves into Next Phase of World Phone Growth
Ann: Norwood Moves into Next Phase of World Phone Growth, page-31
-
- There are more pages in this discussion • 303 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $15.20M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.1¢ | $3.917K | 125.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 0.031 |
3 | 233895 | 0.030 |
2 | 220000 | 0.029 |
2 | 700000 | 0.028 |
1 | 550000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.046 | 21759 | 1 |
0.050 | 1000 | 1 |
0.055 | 18199 | 1 |
Last trade - 12.13pm 30/08/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online