Nothing this week. I expect soon after the week of the 6th. He won't get these ops, yet.. but I doubt he will go unrewarded soon after it moves.
If there's a big increase in revenue Ann, considering all that's holding the SP back is constant whingeing about capital every week of the year.. it won't take much at all to boost the price from these lows.
If a big Australian Telco is announced.. well, obviously then Nor will be well and truly cash positive.. and then I'm not sure what the always negative Nor thread will have to complain about every day!
It won't take much at all to see 6c.. another Telco deal will easily smash 10c if we are cash positive.
Then the ops are already in play - there's over $6m available to Nor in exercising between now and October. They only need under $1m/qrt. They already have a chunk of that covered by spark especially, and other income.
More from Spark, and another Telco.. anyone can see how far above 10c this will be very soon.. and we are still only talking $20+m MC!
Oracle and Metaswitch... partnerships expected, imagine what they'll do the SP.
I really expect the Nor SP (as crazy as it sounds from these lows) getting beyond 50c early in 2020. Before the usuals fire up.. it's equivalent to 5c pre consolidation. We have seen how quick it can move on bugger all news over the years. For memory it went from 1.1c to 4.4 for not much reason.
imagine what actual revenue and partnerships with global giants will do. 5c (50c consolidated) is nothing. Little over $100m MC Other similar companies with very little revenue have previously been mentioned with approx $250m MC.
We get more from Spark, the first big Australian Telco, Oracle and Metaswitch partnership.. we should be easily going from 0.004 to 0.05 (pre consol prices) again, now 50c in my opinion... heading towards $1 as further deals roll in, along with millions in Noroa exercising.
Don't forget all the other telcos they have been progressing with.. Large Asian Telco, etc.
Many holders are owed 25-50c, and when it gets back in to that range again, no doubt with massive takeover talk.. all those currently saying "I'd be out for sure".. I guarantee you, just like when it hit 4.4c last time, suddenly those people were back to talking 10c ($1 consolidated).. and it will be the same again, especially when Nor actually have results, mega partneships and $$. Those people will be saying $1 once it gets going.
Maybe Oracle and Metaswitch are pending to follow the next Telco.. I might be wrong, but I believe Nor expected something prior to consolidation, obviously dragged in to the holiday break now.. can't be far away.
Things could go berserk in Jan, once the first news hits.. could be several rounds of big news in quick succession.
Been a tough few years, but Nor is set to be the darling stock of 2020. It's all set up now.
All my opinion. Don't need every usual negative posters quoting, arguing, talking everything down.
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