NOR 2.50% 4.1¢ norwood systems limited

Ann: Becoming a substantial holder, page-83

  1. 7,323 Posts.
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    Yes really.

    NOR says: "These have been intensive discussions that have variously involved planning of targeted joint outreaches to three to four high profile telcos, to broader discussions on offering Norwood’s service to a partner’s entire telco customer base (in that instance, in excess of 500 telcos worldwide)."
    https://www.asx.com.au/asxpdf/20190501/pdf/444qw71c0s5cvn.pdf

    Disco says: 500 global telcos.

    Big difference between the 2. Your wording would indicate there are 500 massive prospective customers. Simple research would indicate this is far from the case.

    For what it is worth, here is a list of telcos by market cap. Cannot vouch for the accuracy. But the Spark valuation seems relatively accurate. Worth noting the size at the small end for perspective on "500 telcos".
    https://www.value.today/world-top-companies/telecom

    The difference between me and you. imo? I seek to independently validate and verify the announcements.
 
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