NOR 4.44% 4.7¢ norwood systems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-35

  1. 4,410 Posts.
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    You can tell a lot about the quality of the 4C Norwood produce by how quickly the ramp crew attack posters. In almost unchartered territory the ramp crew were attacking opinions on the results before those opinions had even been put.

    Amelia is dead. But this isn't a surprise to anyone.
    Norwood are trying another pivot. But this isn't a surprise to anyone.
    Norwood are bleeding cash. But this isn't a surprise to anyone.
    Norwood management are plumping their own nest while the company withers on the vine. But this isn't a surprise to anyone.

    My favourite quote is PO announcing how bullish he is about the pipeline of innovation! I guess he got bored of the sales pipeline and now focuses on the innovation pipeline. The sleight of hand master is getting everyone to focus on this pipeline of innovation while he defunds R&D and staff costs.

    I might be cynical, but ripping money out of R&D might result in thinning down that pipeline of innovation?

 
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