NOR 6.98% 4.0¢ norwood systems limited

1. Revenues increased to $600,000 /year run rate after just 3...

  1. 12,641 Posts.
    lightbulb Created with Sketch. 527
    1. Revenues increased to $600,000 /year run rate after just 3 months

    2. Revenues to increase further 5x after android release

    3. Revenues do not include booking.com which IMO can be a huge bonus for NOR, especially earning a commission for each booking done through the world phone app

    4. If you book through booking.com you also receive an extra 15 mins worth of free calls

    5. Further initiatives such as free app to app calling will further increase exposure

    6. Expert team such as an ex-general manager telstra business and blackberry VP, they would not join NOR if they didn't see potential

    7. Cash flow positive by end of year IMO and sky is the limit to how far this can run
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
-0.003(6.98%)
Mkt cap ! $19.00M
Open High Low Value Volume
4.1¢ 4.1¢ 4.0¢ $16.59K 412.0K

Buyers (Bids)

No. Vol. Price($)
1 30 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 61184 1
View Market Depth
Last trade - 15.55pm 09/08/2024 (20 minute delay) ?
NOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.