NOR 2.44% 4.0¢ norwood systems limited

Ann: Purchase order for FY22 received from Spark NZ, page-115

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    We do have clarity on the pricing though. $600k for 50k users is $30/ year or about $2.50 a month per user.

    I find this staggering given the terrible reviews it gets. Something here doesn't add up. I wonder if the $639k prices in support and updates, or replaces the commission style agreement. The announcement does talk about a purchase order rather than an invoice or payment so maybe there are variables. Maybe Norwood simply needed to document to satisfy auditors and the ASX to maintain a listing?

 
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