Is NOR MC $9m due to management's inability to commercialise its tech or due to SP manipulation?
I have seen a post* which predicts $400m MC. This was derived by taking an old PO big number, $100m ARR, and then mixing it with a new PO big number, $1/day for Aida. Truly laughable.
A $400m MC based on $100m revenues is 4* revenues. NOR is currently trading at ~9* Revenues. As such, NOR is currently significantly over-valued compared to the dream scenario.
PO likes big numbers. Who else likes big numbers? Honest question...
All imo
* https://hotcopper.com.au/posts/65739562/single
Ann: Ceasing to be a substantial holder, page-278
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3.8¢ |
Change
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Mkt cap ! $18.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 1440 | 1 |
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