NOR 0.00% 3.2¢ norwood systems limited

The 1.1 million is the minimum contracted deal , the latest...

  1. Doz
    4,606 Posts.
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    The 1.1 million is the minimum contracted deal , the latest quarterly activity statement states an increased revenue target of 2 million , many , many factors can change this , but it is their lastest forcast .
    Norwood has a ten year history of failing to make any profit . Norwood has stated that they stumbled upon being in the right position at the right time for updating voicemail systems for telcos .
    My first sentence is not untrue and my figure is not dishonest.
    IMO , Investors with no appetite for risk should steer well clear and concentrate their time and research on other opportunities.
 
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