NOR 2.08% 4.7¢ norwood systems limited

Ann: Norwood Penetrates North American and European Markets, page-233

  1. 2,244 Posts.
    lightbulb Created with Sketch. 155
    Great potential proven growth but there is no price discovery yet to justify 60 mill Market cap fully diluted. With current 900000 annualised revenue and say 50% profit 450000 that will give it a P/E ratio of 133 that's massive wayyyy over valued, personally I've been trading nor all the way up and made me some nice trades especially today but I wouldn't be investing in it until it has real price discovery only trading it!
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.