NOR 0.00% 3.2¢ norwood systems limited

General Comments, page-3336

  1. 2,415 Posts.
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    I know this is a difficult concept for some Holla but liquidity is everything.

    NOR is illiquid. It is, as some more direct than me might opine, dead as a door nail.

    Even if by some miracle they were to enter into a material arrangement with another party they do not have the resources to execute it. They are by their own accounts borderline insolvent. They are at least a million dollars in debt according to their own AR.

    Their #1 salesman has had to take a pay cut, their CEO is off spruiking an already redundant C19 testing machine and to add insult to injury their #1 HotCopper fan is reduced to posting 3 year old announcements.

    Dearie me.




 
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