NOR 0.00% 3.7¢ norwood systems limited

Ann: Corona Cloud and Corona GTS Sales Update, page-13

  1. 5,019 Posts.
    lightbulb Created with Sketch. 166
    Know this company well @mouse, this is money, when its banked. Until then, its like the other announcements of:

    • Annual Revenue Run Rates = $1m+ announced. Where did it go?
    • First Paying Enterprise Customers = never paid
    • Additional CORONA contract signings likely in coming weeks = 52+ weeks and counting.
    • Margin, the most important of all... Maybe that make $100k revenue. Last time it happened it cost them $100k to provide the service, so they lost money.

    For a trade, good luck. But there are a few here that have followed and done their DD on the company .. long before the day and short term traders re-latched on .
    Last edited by webbj: 22/12/16
 
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