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4.8¢ norwood systems limited

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angusmcfangledang

3,128 Posts.

534

15/03/24

14:00

Post #: 72906007
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Originally posted by growler1969: ↑

Does anyone remember fellow Perth tech dog and one time partner of NOR, PIL?

I always thought this partnership was formed in the take-away coffee queue when both tech dogs needed "news". I know, call me a cynic.

But it seems PIL are kicking goals as they get on board the AI hype train. Toot, toot!

They have a MC $28.5m and 6 month revenues of only $127k. This ignores the recent $500+k contract signed since Dec/23.

So how can another Perth AI tech dog be worth more than NOR despite having less revenues for the same period?

IMO, it comes down to:
Stock promotion.

When was the last time PO promoted the stock? By promotion I do not mean LinkedIn posts only seen by the usual followers. But promotion targeted to new, prospective holders? Was it the Coffee Microcaps thing done more than 1 year ago? This is in stark contrast to when PO would go to the opening of an envelope, even one not containing cash from a CR, to promote NOR.

By stark contrast, PIL are interviewed on Small C@ps today.

Further, after talking up MWC, why has NOR been silent since and why have we seen attempts to prop up the SP?

All imo...

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You need to get a black skivy

NOR Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.8¢		Change 0.002(4.35%)		Mkt cap ! $22.25M

Open	High	Low	Value	Volume
4.5¢	4.8¢	4.5¢	$2.457K	51.84K

Buyers (Bids)

No.	Vol.	Price($)
2	280265	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	31655	1

View Market Depth

No.	Vol.	Price($)
2	280265	0.046
2	171081	0.045
1	180000	0.044
3	588888	0.043
1	100000	0.041

Price($)	Vol.	No.
0.048	39702	1
0.049	79600	1
0.050	306297	4
0.051	91455	1
0.052	250000	1

Last trade - 12.52pm 24/05/2024 (20 minute delay)


Last 4.8¢			Change 0.002 ( 0.00 %)
Open	High		Low	Volume
4.7¢	4.8¢		4.7¢	14110
Last updated 13.07pm 24/05/2024 ?

NOR (ASX) Chart