If NOR could could declare they sorted out the issue re a significant number concurrent users pulling networks down, there is a golden opportunity to pick up all of the international call centre business to grow revenue, particularly in India.
I even emailed NOR with a significant real contact to investigate this, but no reply!
Cost saving is one of the main reasons for using NOR product, keeping more of the 30% going to Apple is good , local pricing in line with the local markets is great, but revenue needs to grow a lot more to justify the share price based on after tax profit made, as well as achieving the lower revenue point - passing break even - for piece of mind re warding off potential capital raising every 5 minutes.
A slow cash burn rate would be nice to see.
Regards Mark H
NOR Price at posting:
8.2¢ Sentiment: Hold Disclosure: Not Held
