This could do anything on Monday. Depends how many ppl were on the sidelines waiting for the quarterly, and how many stale bulls are still left holding. I don't think there was anything surprising in the quarterly at all. If anything it was a positive because they confirmed the large numbers of discussions taking place with telcos. Sell now and you could miss the big announcement of the first major deal.
I find it fascinating to compare this to other start up tech stocks. World phone is a real product with real downloads and revenue and real discussions taking place with major telcos, yet there is a large amount of pessimism priced into the market cap of $30million. As a comparison swing over to look at RAP. Huge potential for sure but nothing real yet and no clear path to monetisation. Yet its market cap of $150 million and all on blue sky thinking.
So anyone's guess what happens at open.
Ann: Quarterly Cashflow Report-NOR.AX, page-116
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Mkt cap ! $22.32M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 231096 | 4.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 142144 | 2 |
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