NOR 5.56% 3.8¢ norwood systems limited

Ann: Investor Presentation and Interview with CEO & Founder, page-104

  1. 494 Posts.
    Checked back over the numbers Fender

    You are technically correct,

    18.5c - 19c would = the old .15c milestone (not 25c)
    only 22.5% ish more shares since the SP high

    -- How where worked out ----

    Shares on issue numbers rounded

    Opening balance of shares went from 774m start of tax year, to 886m current

    The extra issued since being about 12.5% of original balance of shares from "new tax year start", (which was the number of shares on issue at the time of the high of .15c
    - what we are talking about.

    At 79m shares class A Corona related issue will be about 10% of original total, 9% todays

    So shares issued since the high in the institutional and retail CR's, = more like 22.5% more shares since the high.

    15c / 22.5% = 3.75
    15 + 3.75 =
    18.5c - 19c would = the old .15c milestone

    Go back 1 month into the previous tax year shares on issue were 275m re initial public offering currently a little over three times the shares on issue now, but not since the SP high only 22.5% ish more shares since then.

    All figures used are here.

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01713174

    Regards Mark H
 
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