NOR 15.8% 3.2¢ norwood systems limited

Ann: Norwood Moves into Next Phase of World Phone Growth, page-89

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  1. 13,909 Posts.
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    I pointed out that in the last quarterly the cost of sales was higher than the sales revenue.
    My read on that is that on average they were loosing on each calling minute used.

    Revenue will jump around now as callers using the expensive corridors are forced to pay more, and those using the cheaper corridors come onboard when their prices drop.

    But soon World Phone will begin to become profitable. The profits will start small, but grow exponentially once they get started.

    It's all about getting the price right.
 
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