NOR 0.00% 3.3¢ norwood systems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-28

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  1. 1,252 Posts.
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    peterlip,

    "”Deals are coming” rumours are not enough." Did you read the 4C? :

    "We have advanced to the final stages of complex negotiations for a major production rollout
    with a local Tier 1 CSP. If these negotiations are successfully concluded and reflected in a
    finalised contract, the project is expected to generate material multi-year revenue. This
    achievement would further demonstrate our ability to forge substantial, long-term partnerships,
    complementing our existing relationship with long-standing client, Spark NZ."

    That is not a "rumour", it's there in black and white. Existing deals and a deal in final stages of negotiations - plus future deals, commercial negotiations and a pilot project with other hyperscalers. Just ignore the hysterical BS and the harping on about past performance by the ex-holders with an axe to grind; it's ancient history. This is still a microcap with a long way to go but it has some impressive backers who appear to believe in future success and who, unlike the negative nellies on here, have a privileged insight into NOR (being board members) and are prepared to put their money where their mouth is.
 
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