NOR 8.57% 3.2¢ norwood systems limited

Positive news flow, page-1372

  1. 7,323 Posts.
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    Let's unpack all of this...
    "Growls , it’s only the 23rd ......"
    And what? You are expecting the oppies to be converted next week? When are you converting your?

    "With Oracle and Metaswitch, as previously disclosed. / Refer November AGM 2019 , that’s not 2 years ......"
    The AGM was a review of the year. Not new news. To suggest otherwise is disingenuous and misleading the threads.

    "I won’t raise your call about Norwood receiving nil , zilch , zero from the Spark deal ......"
    There is a performance hurdle for NOR to receive money from Spark VM. Do you know what this hurdle is and if so, are you certain NOR will exceed it? Until then, NOR receives nil. zilch, zero from Spark. The fact earnings guidance was not reinstalled shows NOR's lack of confidence.

    "The pilots are confidential , both international and domestic , you know this ......"
    NOR likes to hide behind the veil of secrecy; it allows them to prolong the story. The pilots and partnerships are Schrödinger's cat.

    As an aside Doz, your valuations of $100m, circa $0.30, was predicted upon oppies being converted. As the oppies are substantially out of the money, do you increase the SP target or reduce the valuation? In your answer, are you able to say how NOR achieves this, if as you stated, conversion of oppies was critical to your target beings met. Does it mean NOR are under-captalised to implement the plan?

    All imo.
 
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