Ann: World WiFi released on Android and upgraded on iOS, page-231

I haven't looked in here for a while but nothing's changed except for the value of people's holdings.
Everyone must be in the red right now and no doubt experiencing the emotion that would go with that - IF one allows emotion to be a factor in investing.
If you don't put your own rules in place for research, buying, selling, stop-losses, stop-gains, looking through bs, you will be left with one thing - hope !

One aspect I will address here which has been touted frequently is the idea that a couple of instos have been accumulating and manipulating.
My personal consideration on this will sound like scaremongering but it's on the very basic level of writing off tax losses.
In minimising risk and considering the current period of the tax year, instos will take positions in no-hopers in order to make a major sell-down before end of tax year for that write-off against profits in other investments.
Many may not have considered that here.

Norwood's lack of progress to date leaves that prospect open.
Even if they announce a big contract in the next two weeks, they still need revenue to carry on, capex, so they will need another cr imo.
If you look up listing regs, that'll be quite clear.

The declaration of not meeting performance targets for freebie rewards of shares/options is unfortunate.
What it says on a basic obvious level is that they have failed to improve the business according to the criteria they stipulated when they put those targets in place.
They failed their supporters.
They failed their investors.

I have made no secret of playing the devil's advocate here whilst I was an investor.
Hopers and rampers should be balanced with differing opinions because it can cost impressionable people financially damaging outlays if they can't see the negative/positive aspects.
Rampers make excuses for the company - their investment - they need to promote their own reason for being part of it.

I was ridiculed for calling a 1.9c and at the same period I called a potential 1.3c - we know where it stands now.

I am looking at a gamble at the current sp as I had been free-carried when I sold out at 1.2c but I'm looking at a 0.4c entry when the company's shareprice reflects it's on it's knees in a more realistic pricing.

Not good news from an ex holder for current ones and my assessment should be taken with a pinch of salt but I'll put my opinion in to a mix of what is otherwise dominated by individuals who are trying to hold their own commitment together with absolute ramping and relalively no experience in investing at this end of the market rather than with Norwood and consistently coming through with excuses in every concievable manner.

DYOR
AE