NOR 0.00% 4.8¢ norwood systems limited

Positive news flow, page-43

  1. 3,193 Posts.
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    Disco
    With NZ appearing to be one of the least affected 1st world countries,and to me spark and Norwood having a very good relationship .
    (from my thoughts,being both deeply committed to bringing their buisness commitments to Sparks network.)
    A 350k cash deal for nor,to me demonstrates a growing relationship.
    Spark would well know as a spec,and relying on the coming promotion, then being hit by covid.
    Norwood needed money and provided this,to stop the need for a cr,and any more dilution.
    Any coming deal/deals seem to be very close,hence the need for a small amount of money to see Norwood through.
    After our very well done consolidation.
    With hardly any dilution since.
    Any deal forthcoming,imo,will catch the market with their pants down.
    Just as soon as the last big sell sold us down to 12month lows,any positivity,could well see the sp double imo.
    New Zealand will probably be the 1st country back online,which suits Nor perfectly.
    Last edited by angusmcfangledang: 20/05/20
 
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