"I am confused. What exactly was Norwood awaiting approval for in November?"
A CEO feeling the pressure of his position falling into the pit of many others by dishing out BS pressos to keep existing shareholders on board.
PO has clearly changed his perogatives of late which is evidenced by his silence.
This is being reflected in the drifting s/p
In turn, as Holla has indicated, the sp is open to being able to be smashed.
Ann: Norwood Signs Contract with US-based Investment Bank, page-94
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