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3.8¢ norwood systems limited

EV would be a ridiculous price or about 0.005c, there's still...

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34

25/07/16

12:05

Post #: 18357902
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Originally posted by Holla ↑

Are you in the buy queue!? "abandon ship".. pffft!
This is all good, and what I expected. They still don't have signatures on Telco deals, they are taking longer than everyone hoped, but they could be coming at any time.
This confirms what I have been saying, that the CR alone is enough for the company to see through till the later half of 2017 (obviously the extra 1.5m would have meant late 2017).
Expenditure $1.2m sounds alright. The previous $3.5m quarterly spend has been significantly reigned in.
Note the "base case" outlined is WORST CASE!
They are doing what they should have done all along.. under promise, and over perform!
All the Telco deals are still in play, it's just a matter of time.
Big corporate corona contracts are coming.
There is plenty of revenue coming too!
We just have to keep the patience, and hope this negative manipulation is almost done.
As soon as a big buyer steps up, more will follow.
2.4c is a ridiculous price, as if the company has completely failed and going under..
It's the opposite, and the potential is still huge.
Absolute bargain.

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EV would be a ridiculous price or about 0.005c, there's still plenty of expectation cooked into the SP

NOR Price at posting: 2.4¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.8¢		Change -0.001(2.56%)		Mkt cap ! $18.56M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$1.9K	50K

Buyers (Bids)

No.	Vol.	Price($)
1	160000	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	199102	1

View Market Depth

No.	Vol.	Price($)
1	160000	0.032
1	20000	0.030
1	100000	0.028
1	150000	0.027
4	350000	0.026

Price($)	Vol.	No.
0.039	199102	1
0.040	200000	1
0.041	123849	1
0.042	23833	1
0.045	34501	1

Last trade - 12.11pm 03/10/2024 (20 minute delay)

NOR (ASX) Chart