NOR 0.00% 3.6¢ norwood systems limited

My opinions on NOR, page-60

  1. 4,420 Posts.
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    Thanks BigLeon. Really interesting to read!

    Some of my personal favourite comments were

    "it must be confusing for you why were having such marketing success with downloads"
    Yeah, paying Google $1 per click for downloads is going to ensure it gets downloaded!

    "You're saying it's worth nothing, some people say it's a likely to hit 50c in 2016"
    50c is $5 in todays consolidation. Currently 2.7c.

    "1c per share which I'm sure will be the case in short order. LOL idiot downramper"
    Current price 0.27c

    Many comments as to why would someone pay for an app when others were available for free.

    Ultimately the only advantage to Norwoods offer was leasing a temporary number. But without roaming data you were tied to finding WiFi. Was a huge limitation back in 2016, and exacerbated now with telcos offering cheap roaming and cheap throw away sims. Bad modelling, competition and poor execution doomed it to failure and tech progress would have killed it quickly had it gained any traction.
 
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