Ann: Trading Halt, page-23

It is a case of rinse and repeat here.

NOR , imo, always seem to be able to raise via sophs who seem happy to gain by buying at a discount then waiting to offload during a price sensitive announcement soon after for profit. Symbiosis.

Cases in point:
16/11/17 CR
21/11/17 Norwood partners with Visa https://www.asx.com.au/asxpdf/20171121/pdf/43pds7s62291by.pdf

05/04/17 CR
19/04/19 Revenue Stream from Commsys Agreement Commences
https://www.asx.com.au/asxpdf/20170419/pdf/43hllcjmybnbcl.pdf
28/04/17 Norwood Expands Client Relationship with Oceaneering
https://www.asx.com.au/asxpdf/20170428/pdf/43hvd5vhyddf2t.pdf

15/06/16 CR
11/07/16 offer closing date extended
14/07/16 First Corona Cloud and Corona GTS sales achieved
https://www.asx.com.au/asxpdf/20160714/pdf/438kfgz0w9sjlf.pdf

Quick quiz for those playing at home: did any of those price sensitive announcements amount to adding to LT revenue/profitability/viability?

Imo, the only losers in Norwood are:
1. Loyal LT holders
2. Those who bought high during the WP frenzy in late 2015/early 2016
3. Those who continue to average down
4. Those who do not get access to the soph placement offers
5. Those who may fall into each category above.