NOR norwood systems limited

Ann: Quarterly Activities and Appendix 4C Cashflow Report, page-19

  1. 7,323 Posts.
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    "Also , let’s see how those options play out before claiming victory"

    The oppies expire tomorrow Doz. I am 99.99999% certain they are out of the money and none will be exercised.

    I said the Spark App was free to contracted customers. This is immutable.

    Imo, NOR wasn't clear on a material change to a contract from a shared revenue basis to a commission for downloads based on a hidden volume.

    Until that volume is exceeded, I am correct.

    Pre-paid customers may opt to subscribe for $1/month. After 30% App store fees, I am unsure how much NOR will earn from this segment.

    As always Doz, attention to detail and constantly challenging one"s bias is the key to success/loss minimisation in the spec end of the market.

    All imo.
 
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