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4.7¢ norwood systems limited

Norwood systems New Company Direction, page-200

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discovery4

9,426 Posts.

1022

28/11/19

11:20

Post #: 41681110
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Originally posted by hutchdisco ↑

No one ever said this...

Oracle in part have smart acquisitions as a big reason for their growth and position, they've been doing it for years, but this does not mean they either have to nor will acquire NOR.

IMHO I do not see a reason to for them to do so that would make financial or competitive sense, I understand others believe the contrary and may be a big part of why they still hold but I also haven't heard many compelling arguments from this camp as to why they would do so, just simply that it, or some similar deal with Oracle, is "imminent". And if they did see a reason to acquire NOR as I have mentioned previously, why would they not let them hurt a little, financially, in the meantime to end up with a better deal? Current cash flow situation is not sustainable and Oracle would not be at a major loss playing the waiting game whilst NOR is without other major deals coming to fruition, visual voicemail will not make Oracle lose it's competitive edge if they do miss the boat on this and it takes off and they have enough weight to throw around if things do turn around for NOR and it makes sense both as a competitive advantage and a financially viable investment.

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Obviously you have not researched his posts.

NOR Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.7¢		Change -0.001(2.08%)		Mkt cap ! $19.94M

Open	High	Low	Value	Volume
4.4¢	4.7¢	4.2¢	$17.51K	384.9K

Buyers (Bids)

No.	Vol.	Price($)
2	231096	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	136696	2

View Market Depth

No.	Vol.	Price($)
2	231096	0.045
1	51759	0.042
1	13888	0.041
3	450000	0.039
1	255000	0.038

Price($)	Vol.	No.
0.047	136696	2
0.048	61184	1
0.050	588941	5
0.056	60000	1
0.058	100000	1

Last trade - 15.47pm 12/07/2024 (20 minute delay)

NOR (ASX) Chart