NOR 0.00% 3.8¢ norwood systems limited

Ann: Appendix 4E and Annual Report to Shareholders, page-53

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  1. 3,269 Posts.
    lightbulb Created with Sketch. 1473
    Someone was trying to buy $15k worth at 1.5, now another $5k buyer/linewipe at 1.7.

    It would appear some people are expecting good things..

    $4m is a ridiculously low MC, which would surely multiply several times on any new telco deal, that would see Nor cash positive, ahead of further deals following.

    Just imagine what the Microsoft/metaswitch partnership will bring, once the first bigger telco is landed (plus Spark).
    I expect to see plenty following, once we see the 1st big 1.

    AR report reads to me like something is very close.
    Obviously some other buyers were happy with it too.

    All my professional opinion, wanty
 
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