NOR 4.26% 4.5¢ norwood systems limited

Ann: Company Update and Quarterly Reporting-NOR.AX, page-187

  1. 214 Posts.
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    Why all the panic folks. The business is solid. Some people have done some maths and expect a credit raising and equity dilution. Why don't we secure some long term debt if we actually need some cash in the short term for exponential growth. Here in Aus we're happy to loan mining projects billions, years out from revenue generation but are hopeless when it comes to properly funding future tech giants like NOR.

    The focus should be on ensuring the products work perfectly in each country first - which is what they are doing - and then ramping up advertising tenfold. This will ensure that when people are directed to the applications, they are met by only positive reviews and complete the next step of downloading the app(s).

    4-5m downloads is ok but we can get to 100m quickly. Also looking forward to announcements on the telco partnerships. Assume the current restructure at VNPT is not helping with the speed of finalising the commercial agreement. Good luck everyone, the share price will eventually reflect the actual value of the company.
 
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