NOR 0.00% 4.8¢ norwood systems limited

Positive news flow, page-1371

  1. 4,403 Posts.
    lightbulb Created with Sketch. 1875
    That's the thing about the upramp crew. They don't make any sense and keep disagreeing with themselves.
    Flip.
    Norwood won't need another CR.
    Flop
    Gee it would be good if Norwood reissued the options, they could even generate some cash from it.
    Flip
    Norwood are cash neutral, I can't believe you're bringing up CRs again!
    Flop
    Norwood need to reward the long suffering holders and get the options exercised.
    Flip
    Norwood can easily and quickly get placements whenever they want.
    Flop
    We've just been waiting for imminent announcements to get the price soaring above exercise.

    So either the company does or doesn't need a CR. But the options are a CR, so you cant run the argument Norwood doesn't need cash but the options need converting.
    Last edited by DoubleDown!: 23/10/20
 
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