As per PO's commentary recently, "Technology sector works on dog years of 3 months." Some new technology evolves every quarter, yet the product roll outs are not in sync with their comments.
2ndly "working on a tiny budget for advertisement"- 1.8 $ is on a much higher side and not a tiny budget.
I am happy with their progress in terms of product pipeline, but money management ,promises and Jargons with adjectives in the Investor updates should be avoided IMO. Trust is the key factor in public listed companies and that should be intact. We all love news flow, but meaningful newslow is what is needed.
Norwood has got the right ingredient for becoming a global player in Telecom sector. But they need to be careful about what they say and have to have open communication.
Share price could be 50% higher than the initial float, but it is almost 100% lower than the last CR!
Good luck to all.
ALL IMO and views
As per PO's commentary recently, "Technology sector works on dog...
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