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0.00% 4.6¢ norwood systems limited

Ann: Closure of Rights Issue, page-48

  1. Warnie
    17,233 Posts.
    lightbulb Created with Sketch. 954
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    13/12/18
    20:38
    Post #: 36852931
    The Spark contract is NOT $1m over 4 years.

    It clearly states " estimated revenue to Norwood of approximately ...."

    Estimated: roughly calculate or judge the value, number, quantity, or extent of.
    In other words, it's a guess at best and should not be relied upon IMO.

    It also says, The contract is anticipated for four years, WTF does that mean?
    Is it a contract with a FIXED term or not?
    NOR Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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