Gee, young Webb, you should get a gig in research at a broking firm. Your analysis is ten times better than most of the run-of-the-mill stuff churned out by broking houses.
While you're fired up, I reckon you could calculate with a value for Norwood based on each component, using guesstimates on future cash flows from World Phone, ascribing reasonable probabilities to telco partnerships, coming up with a value for Corona and including the $2m that we think is in the tin at April 30.
Not an easy task, I know, but you're a man who needs a challenge !! There's a chateau at stake here.
It would be good if you came up with a figure above the current market cap of $30m.
NOR Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
