NOR 0.00% 3.9¢ norwood systems limited

Ann: Appendix 4E and Annual Report to Shareholders, page-22

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  1. 2,390 Posts.
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    Oh Doz, you truly are the gift that keeps giving, thank you for drawing everyone's attention once again to the big picture.

    So far this year we have seen the CEO have to put his hand in his own pocket to keep the Company solvent, the Company Secretary have to accept shares in lieu of non existent cash and the ineffectual Tot take a pay cut on the promise of an indeterminate number of shares being issued to him some time in the future to make up for it. That's not a sign of a successful company, that's a sign of a potentially insolvent one.

    To make it even worse you suggest they were wiling to do these things because they are in possession of confidential information that the rest of the market remains unaware of.

    Doz, you do know what you have just suggested don't you?



 
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