NOR 2.63% 3.7¢ norwood systems limited

Ann: Strategic Agreement with Leading Provider of Software, page-7

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  1. 5,791 Posts.
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    Interesting scenario developing here.

    The market has been informed through the Q and A that there is a spike in revenue largely because of the WVM progress.

    Problem is,the next 4c is due 31 Jan 19.

    I believe the company needs to issue news of this updated revenue ASAP.

    With Norwood's track record of dubious announcements the ONLY thing the market will believe is Revenue numbers in Black and White.

    And then there is the issue of a botched CR !

    The market has 2 big concerns;

    Are revenue projections REAL?

    Will the company be able to finalise funding for survival?

    The SP is telling investors the market is CYNICAL!

    Time for Norwood management to step up to the plate ASAP

    IMO
 
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