Mentioned once, never again. Bit like Spark NZ, supposedly NOR's biggest and most reliable source of revenue yet completely ignored when ASX asked NOR how they plan to pay their bills going forward. They talked about loans, government grants and continued capital raisings but in not one sentence did they mention ongoing revenue from their only material customer.
Weird?
As far as all this guff around BT goes I think the "announcement" from BT Business' Meetings and Portfolio Director Jon Martin speaks volumes.
He states that BT is already integrating Norwood's OpenSpan into BT's voice and mobile networks. What that tells me is that it's immaterial to NOR. If it was material they would have had to announce it.
IMO OpenSpan is another piece of fluff. NOR has packaged together someone else's technology and given it a new name. No patent, no trademark.
NOR Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
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