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Ann: Quarterly Update and Appendix 4C-NOR.AX, page-40

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cocoman

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31/10/16

21:43

Post #: 20266334
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Originally posted by webbj ↑

I think their own cumulative graphs might have confused things @cocoman

As I was saying at the time, when you stop adding the data from August on top of the data 6 months later and plot it like a normal person, it was pretty clear there was nothing exponential or organic looking about either the revenue growth or downloads (nor the ration between both).

Whilst they kept paying, they kept getting downloads but after about the end of November, growth pretty much plateaued out from what I can tell. Just unfortunate so many millions were spent on it after that point.

edit: this graph is my own, taken from the figures in the crazy sky-high looking ones which were being released to the ASX at the time. Based purely on the differences between each column and plotted for each period.

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Looking back, it's touching to see how concerned they were to ensure the market was updated on revenue trends. ")

Strange they weren't concerned to keeps the market so informed on the COGS and marketting expense trends that accompanied them?

Must have slipped their minds.

NOR Price at posting: 2.3¢ Sentiment: Sell Disclosure: Not Held
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Ann: Quarterly Update and Appendix 4C-NOR.AX, page-40

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Ann: Quarterly Update and Appendix 4C-NOR.AX, page-40

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