$300Mill flowed into start-ups in the June quarter

Just read an article in the AFR that $300Mill flowed into start-ups in Australia last quarter (according to KPMG).

So it is no wonder that when a business such as NOR is struggling to keep the share price up even though the business is evolving well. Impatient investors have just to many alternatives to move their money in the tech sector.

The limited pool of funds is chasing the ever increasing number of tech start-ups.

As a result most tech companies have seen substantial declines in share price/market cap over the last 12 moths+.

I believe in the NOR business model and hope to see some inroads into revenue soon.

If Paul can proof that NOR is a viable and profitable business in a reasonable time I suspect investors will return.

K