NOR 2.22% 4.4¢ norwood systems limited

Norwoodians Roll Call: Keeping the faith!!!!, page-26

  1. 5,019 Posts.
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    Holla, the share price was slaughtered because they were out of money before the CR.

    Dozens of posts throughout the forums proclaiming how they had plenty of cash, enough money to last the end of the year, had wound back marketing and wouldn't be raising cash etc all proved wrong.

    In terms of the quarterly, from a financials point of view - its already known. They advised their cash balance at June 30 and amount raised by the sophs. So the quarterly will just clarify how much revenue they have made and how much they spent.
 
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