I think the following may be the grand plan for Norwood . Currently they have six pilot systems in place , we are expecting a deal worth between 1 to 1.5 million , this maybe these telcos signing deals , Sparks upfront was $244,000 . Oracle seem to have a track record of taking over established companies with a revenue stream ( ie Aconex , Australian business , cloud based , construction industry , 1.2 billion ).
A takeover may be 3 to 4 years away once a revenue stream established . Norwood will need to raise capital to roll out new systems in the near future . This 3 to 4 year window will allow the staff reward program to come into effect . However you look at it , interesting times ahead IMO
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norwood systems limited
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Ann: Notice of General Meeting/Proxy Form, page-314
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1.7¢ |
Change
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Mkt cap ! $8.770M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 391 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.8¢ | 327701 | 1 |
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No. | Vol. | Price($) |
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1 | 391 | 0.017 |
2 | 430000 | 0.016 |
6 | 884904 | 0.015 |
4 | 1445000 | 0.014 |
2 | 700000 | 0.013 |
Price($) | Vol. | No. |
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0.018 | 327701 | 1 |
0.020 | 88808 | 3 |
0.021 | 1140000 | 1 |
0.023 | 50000 | 1 |
0.025 | 646361 | 3 |
Last trade - 16.21pm 18/09/2025 (20 minute delay) ? |
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