NOR 0.00% 4.9¢ norwood systems limited

Another poster who was positioned in NOR well before the all...

  1. 7,185 Posts.
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    Another poster who was positioned in NOR well before the all time lows and yet only talking about the rise from the 1s and not the descent from $1.65. Fascinating.

    So why would someone buy at 0.049? What's the investment thesis? Is 2024 the year of the big deal with a new telco? After 2019 to 2023 proved to be duds?

    As helpfully provided by Apples, NORs Price to Revenue is ~8x the industry average

    I'm unsure who said NOR would go back to the 1s. With all the SOI and more to come, I suggested the 2s. Certainly possible if 2024 follows the inertness of 2019-2023.
 
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