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6.98% 4.0¢ norwood systems limited

Ann: Balance Sheet and Budget Update for FY17-NOR.AX, page-3

  1. cocoman
    13,583 Posts.
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    25/07/16
    11:34
    Post #: 18357455
    Softening Up for the Quarterly...?

    Looks like they had less than $500k in the bank at end of June

    After setting the Bar Ohh So High...

    Now they are saying...

    If we get any material revenue that will be a pleasant surprise...

    Still at least they have enough money in the bank till Christmas!

    That gives another 6 months to put some revenue into place.

    GLTOH!!!
    NOR Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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