Any predictions for the next Quarterly?
6 trading days left before it is due. Possibly a pre-open Friday 1 May release?
Here are my predictions:
1. A CR before the Q is released.
NOR will need to demonstrate they have access to capital as the new Q format requires a company to show they have 2*Q cash or give a reasonable explanation as to why they do not. NOR have averaged a $200k top-up each 35 days. The 35th day from the last top up falls on 27/4.
APSEC will probably need to continue to support their position or risk losing all. 7 Sundays are possibly in the same boat; but a smaller boat in terms of their overall exposure to NOR (lower average buy price). However, unlike APSEC, 7 Sundays are investing their own cash.
2. Revenue to be under $100k.
Take-up of Spark VM has been abysmal apart from a sharp burst on the day of the Ann on 4/3 as per Appie Annie stats previously posted.
3. No deals with meaningful revenue signed before the Q.
Macro-economic conditions dictate this more than anything and lack of Spark VM success doesn't incentivize a telco or Oracle. And certainly no one is paying NOR significant upfront money.
Now before the perma-bulls come at me with pitchforks, consider I made the same predictions before the last Q and was 100% correct*. I even got the timing of the release right. No kudos for the Growler but he goes about his work diligently and with little fanfare
* See
Revenue prediction under $100k here:
https://hotcopper.com.au/posts/36899177/single
Summary predictions from the last Q here:
https://hotcopper.com.au/posts/42362101/single
All imo
