NOR 0.00% 3.5¢ norwood systems limited

NOR a Ten Bagger???, page-831

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    UPDATED Download comparison: NOR vs ZIP

    On October 23, NOR announced that they had exceeded 500k downloads. Trading closed at 5.3c, giving NOR a market capitalisation of approximately 39 million.

    On July 14, ZIP announced that they had exceeded 500k downloads. Trading closed at 84c, giving ZIP a market capitalisation of approximately 52 million.

    Putting the android release, CORONA and many other factors of differentiation aside, based on download figures alone we should be trading at approx 6.9c. Overall a very nice week - very impressed with management providing 3 solid announcements to coincide with the investor presentations. Next week should be fun with the quarterly due.
 
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