The financials definitely weren't horrible, compared to everything previous.. which has seen further placements and SP decline.
If you sold out because of the financials, it's hard to understand, as things are heading the right way. Spend is as low as ever - and what 1 big deal would instantly do!
The MC is horrendously low - I would think it already priced in poor financials a long time ago.
Did you buy in recently, on a recent spike!?
Don't listen to the 4 downers that dominate the Nor thread with "sell"..
DD (the guru) tells us weekly how scary the finances are, and incorrectly predicts CR every month for 5 years.. their figures always exclude ANY income, so yeah.. if you leave out incoming spark $, it wouldn't look good! DD would conveniently overlook 600 large.
Not sure why they can't seem to understand the Spark $600k+ PO. R&D is later in the year.. and the CEO $200k 2.4 notes.
Deals they're working on are supposedly much bigger in comparison to spark. Just 1 will be a serious re-rate.
Could soon be a painful sell.. because Nor is all or nothing. It's already currently virtually nothing.. a big deal, cash positive, and then the expectation of several more deals once 1 big lands. It's nothing or 10bags+ from here, in my opinion.
$50m MC is bugger all, when Nor are finally in the money.
All my opinion![]()
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
The financials definitely weren't horrible, compared to...
-
- There are more pages in this discussion • 411 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $22.72M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.6¢ | $65.50K | 1.386M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 220000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 0.048 |
1 | 50000 | 0.046 |
1 | 130081 | 0.045 |
2 | 255000 | 0.043 |
1 | 13888 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 220000 | 1 |
0.050 | 49663 | 2 |
0.051 | 125000 | 1 |
0.056 | 60000 | 1 |
0.058 | 137000 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online