NOR norwood systems limited
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-28

  1. DoubleDown!
    4,565 Posts.
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    02/05/22
    23:31
    Post #: 61158934
    So the 0.3quarters of cash runway should last, let me check my maths. 3 months per quarter, times .3 = approx one month. And it's been, let me check the dates, one month since the end of quarter.

    Norwood are on fumes at this stage. Whatever they earned in April is all they cash they have. Plus minus their loan facility.

    Who runs a business like this? Its a genuine joke of a company. The only question harder to understand, who would invest in a company like this?
    Last edited by DoubleDown!: 02/05/22
    NOR Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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