DOU 16.7% 0.4¢ douugh limited

Ann: R&D Tax Incentive Banked, page-22

  1. 3,406 Posts.
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    Clarkie, out of boredom I spent some time comparing Norwood and Ziptel. Like you, I would not be buying either of them.

    If forced to choose, it's a no-brainer. ZIP has no immediate prospects, but 70% of its market cap is covered by cash, and it has time to pull a rabbit out of the hat. NOR, on the other hand, is capitalised at over $10 million, is spending its meagre cash like there's no tomorrow, and has a snowball's chance in hell of ever amounting to anything.

    As a general principle, avoid all stocks with any connection west of the Nullarbor !!
 
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