Ann: Norwood secures first contract with Infosys, page-135

“ will nor land deal/deals before 30th June 2022 that will see them cash flow positive next financial year ? “

Tooheys , I certainly believe that new deal - s will be finalised prior to 30/06/22 . I have mentioned previously that shareholders should be hesitant to trade on the first significant announcement , as the second could surprise and be considerably larger . For example , the first deal could be with a large Australian telco , while the second could involve a humongous North American telco with over 150+ million customers or even one of the major European telcos .

I also believe very strongly that NOR will be cashflow positive next financial year , however my fear of an early takeover offer by a conglomerate partner may see NOR never achieve the 100 million dollars of annual recurring revenue as stated constantly by the CEO . All I know , for every deal signed prior to any takeover , will only increase the offer price for the betterment of all shareholders .

And all this excitement for only 1.5 cents , unbelievable .


All in my opinion …….