NOR 0.00% 3.8¢ norwood systems limited

Ann: Appendix 4E and Annual Report to Shareholders, page-12

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  1. 3,436 Posts.
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    DD, as a fellow member of GODS (Growler Organised Downramping Syndicate), I'd be interested in your take on the view of others that next month options will be exercised at 8c.

    I'm a little confused on why these dudes aren't buying at 20% of this price, but I'm just a soul whose intentions are good. Please don't let me be misunderstood.

    If exercise occurs, and given losses so far of over $40 million, will the money raised from this exercise be down the drain in six months or will it take a bit longer ?
 
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