NOR 2.27% 4.3¢ norwood systems limited

Ann: Half Yearly Report and Accounts, page-81

  1. 7,323 Posts.
    lightbulb Created with Sketch. 2282
    NOR gave this guidance when:
    1. The revenue share model was in place
    2. They stated the App was available to all Spark users
    3. They stated downloads were ranked 6th for productivity in NZ for Apple

    And at the time of this guidance you were shilling:
    1. NOR MC of $100m-150m within 12 months. SP at the time was 0.026
    https://hotcopper.com.au/posts/43527625/single

    2. NOR will not need a CR
    3. NOR will sign a new deal with upfront payments
    https://hotcopper.com.au/posts/43405768/single

    What has happened since:
    1. The revenue share model has been binned and revenue guidance has not been reinstated despite NOR indicating it would be
    2. Spark users are being migrated (6 months after stating the App was available to all users)
    3. PO said App store stats are not accurate but has not provided any stats
    4. 5*CR's including one 10 days after you said a CR would not be required
    5. No telco deals and obviously no upfront payments
    6. SP has retraced 27% and the MC is under $5m lol

    2 trading days until the latest basket case is announced aka the Q and with it, yet another CR. I wonder if they mention the technology partnership with Metaswitch despite it happening post Mar Q.

    PS Doz, I reply to your posts so others can understand your poor predictions and have a laugh.
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.