I think the following may be the grand plan for Norwood . Currently they have six pilot systems in place , we are expecting a deal worth between 1 to 1.5 million , this maybe these telcos signing deals , Sparks upfront was $244,000 . Oracle seem to have a track record of taking over established companies with a revenue stream ( ie Aconex , Australian business , cloud based , construction industry , 1.2 billion ).
A takeover may be 3 to 4 years away once a revenue stream established . Norwood will need to raise capital to roll out new systems in the near future . This 3 to 4 year window will allow the staff reward program to come into effect . However you look at it , interesting times ahead IMO
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norwood systems limited
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Ann: Notice of General Meeting/Proxy Form, page-314
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Last
2.5¢ |
Change
0.004(19.1%) |
Mkt cap ! $12.89M |
Open | High | Low | Value | Volume |
2.1¢ | 2.5¢ | 2.1¢ | $30.98K | 1.356M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 52146 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.023 |
1 | 250000 | 0.022 |
1 | 1000000 | 0.021 |
1 | 30000 | 0.020 |
1 | 340812 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 52146 | 1 |
0.026 | 99999 | 1 |
0.030 | 25000 | 1 |
0.035 | 15181 | 1 |
0.036 | 17400 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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NOR (ASX) Chart |