The price improved after last quarterly (probably because of spruiking banks and other deals).
They have since raised a quarter worth of funds.. so they won't be in any worse position than last time round anyway.
Revenue is always expected to be a let down, and definitely was last time.. yet the price improved, and currently is undervalued.
Revenue will be higher this time - whether or not it's near projections..
So there's no need to get all worried about a quarterly, because they will be in the same position or better than 3 months ago.. and this time, those deals are now finally probably actually "imminent".. as well as the apps live this month.
Unless of course you want to stoke up all the ex/non holding sooks that whinge about quarterly/CR every few months?
There are many companies on asx with lower revenue than Nor, operating at big losses, with 10x Nor MC..
They downer syndicate sooked like usual last quart, but the price improved..
They will no doubt sook again about a CR in April! Fair chance we will see deal/s in time for the quarterly, or soon after.. and any big 4 bank-like deal ($2m+ with upfront revenue) will silence them for good.
Big corporates may only be getting back to work this week or next.
I suspect we are due for a few more app releases this week and next, maybe some small deals ahead of the big 1's late Jan/early Feb..
In my opinion, get ready for things to start warming up on Wi-Fi/apps, and big 4 closing in.
2c bottom.
- Forums
- ASX - By Stock
- Ann: World Secure Released on iOS
The price improved after last quarterly (probably because of...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
-0.003(8.57%) |
Mkt cap ! $15.20M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.2¢ | $2.574K | 77.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 261384 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 11000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 261384 | 0.032 |
1 | 200000 | 0.031 |
2 | 190000 | 0.030 |
1 | 200000 | 0.029 |
3 | 777000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 11000 | 1 |
0.037 | 30000 | 1 |
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.044 | 120874 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |