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3.6¢ norwood systems limited

Ann: $200,000 Convertible Note, page-51

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d_l_b

2,674 Posts.

354

17/05/21

17:41

Post #: 53229357
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Originally posted by AdVictoriam: ↑

It's just my opinion on the matter, don't get your knickers in a knot. And the market hasn't taken a liking to the ann, so that's one objective reference source you have to contend with.

I fail to see how PO chipping in 200K is good news. To me it indicates a lack of prospects. And what about my question:

If there was a significant telco deal near term, does this ann make sense? If the SP pumps on telco news, how would PO's investment today be perceived? Therefore a near term deal is unlikely
Note that I'm not implying that NOR is constrained from announcing a near term deal based soley on the market perception of PO's investment today. I am simply stating that PO's investment today indicates there is nothing else on the horizon.

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I said I enjoyed it ... so knickers knot free, thankfully...

"I fail to see how PO chipping in 200K is good news. To me it indicates a lack of prospects"

I can say the exact opposite and it could be equally true... would you tip 200k into your company if it was in its death throes?

"I am simply stating that PO's investment today indicates there is nothing else on the horizon"

POs investment today indicates company making deals in 2 to 3 months time imo... in other words... just beyond the horizon

NOR Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.6¢		Change 0.005(16.1%)		Mkt cap ! $17.15M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.6¢	$617	17.14K

Buyers (Bids)

No.	Vol.	Price($)
1	1327	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	2663	1

View Market Depth

No.	Vol.	Price($)
1	1327	0.037
1	182857	0.036
1	100000	0.031
1	13400	0.030
1	96000	0.028

Price($)	Vol.	No.
0.038	2663	1
0.039	32258	1
0.042	23833	1
0.044	34501	1
0.046	21760	1

Last trade - 13.49pm 31/10/2024 (20 minute delay)

NOR (ASX) Chart