At this stage of the game $107k of forecast sales for the quarter is an extremely conservative forecast. WP, WWiFi, Corona and all the loyalty programs combined must be generating $5-10k each a month by now? $107k should be a doddle.
I've said it before but your average hairdresser with shop on Main St earns that, and they haven't dumped $30M+ into R&D.
Missing the forecast would be a serious blight on the company.
I'm interested in the expenses forecast, they forecast $263k in admin and corporate costs after posting $485k in the Dec quarter and $385k in the Sept. Maybe they have sacked a few sales execs over the quarter and are advertising for replacements?
NOR Price at posting:
1.1¢ Sentiment: Sell Disclosure: Held
