Surely you read all my posts saying that.. in my opinion, such a small raise, so suddenly, done so quickly, surely had to be to satisfy a client.
Based on all numbers, there was no need for Nor to raise funds this year, and was confirmed by Paul in the Q&A.
Obviously some progress was made with a client first thing last week, and Paul had to wear minimal dilution to make it happen.
I'm not so sure it would be to do with VISA though.. it may well be.
But, they have made it very clear there are several other bigger revenue deals looming - especially the big 4 bank.
Just because we see VISA today, might not necessarily mean the bank balance top up was to satisfy them.
This will go berserk if we see that bank or other big revenue news, in my opinion..
Definitely just the beginning....
Meanwhile.. like usual, we see the loose sellers coughing them up during low volume lunchtime, and no doubt a few profit takers..
I'm actually considering getting a few back at current prices - my order at 2.8.. waiting to see what happens.
I can't see why anyone would sell on todays news, know that much bigger news could be following close behind.
Wouldn't that big revenue news just top it off ahead of the AGM
Looks primed for the next wave now......
Time to clear that little stack around 3.4!
