Recent announcements, "Base Case" estimates were R&D $700k - A fairly significant bonus at $1.26m.. Let's hope their under-estimating continues!
Base Case has them funded for a minimum 12 months WITHOUT any of those expected (long awaited) "major corporate contracts" and $1M+ carrier deals.. Roll on the under promising/over delivering - The new NOR!?
An extra $560k for starters, then some contacts/deals..
It might be a long time before the CR choir chimes in again, if ever!
While 2c is a long way from comfortable for me (and ol' Unlucky), everything seems much more comfortable than 2 quarterly's ago.. when the price was double the current price.
Very lucky they got that $3.5m through in time, and not trying to raise it over the last month!
Ann: Annual Report to shareholders-NOR.AX, page-38
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $15.20M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.1¢ | $3.917K | 125.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 230645 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 100000 | 1 |
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| Last trade - 12.13pm 30/08/2024 (20 minute delay) ? |
| NOR (ASX) Chart |