Congratulations NOR on your largest invoice to date! It's obviously taken a little time to find our feet, but the contract announced late last year is clearly progressing well and already netted us $454K! Given the minimum amount the company announced was $1.1m over 4 years, it's pretty clear we should well surpass this figure over the 4 years.
On the negative side, it's a shame it took an ASX please explain to update market with where we are at with respect to Oracle and what we now know to be Metaswitch. Strange we would not provide an update earlier?
Massive volume in recent weeks going to sophisticated investors has seen the T20 change immensely, which obviously highlights they were never in doubt recent negotiations with Oracle and Metaswitch are indeed progressing well (fortune favors the brave??)
Retail investors however slightly more cautious sadly. Letting some go, and avoiding taking up any further holding. Oh well, seen it all before, so no surprises for me!
For those wondering or questioning how to accurately price this company, perhaps it might pay to have a look at the below?
1: Netlinkz
Previous Quarter Invoices? $0
Shares on Issue: 1.6b
Market Cap: $412m
2: Dubber
Previous Quarter Invoices? $1m
Cash Burnt for the quarter: $2.2m!
Market Cap: $227m
Please DYOR but the path forward is becoming clearer by the day.
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Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $22.72M |
Open | High | Low | Value | Volume |
4.6¢ | 4.8¢ | 4.3¢ | $5.638K | 122.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 83888 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 18148 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 83888 | 0.042 |
2 | 175000 | 0.041 |
1 | 100000 | 0.040 |
1 | 200000 | 0.039 |
1 | 355000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 18148 | 1 |
0.050 | 482000 | 3 |
0.056 | 60000 | 1 |
0.058 | 137000 | 2 |
0.059 | 95632 | 2 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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