NOR 0.00% 3.7¢ norwood systems limited

Ann: AGM Teleconference Details and Withdrawal of Resolutions, page-12

  1. 7,323 Posts.
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    The BoD is a cesspool of self-interest led by a guy whose self-anointed descriptions do not match ability ( Engineer | Strategist | Innovator).

    If Norwood's strategy is to engineer losses for innovations, then they have exceeded all benchmarks; not once, but twice.

    And yet if you read HC posts by bullish SH's, you would not realise NOR have:
    1. Burned through $30+m in shareholder funds and government hand-outs to create an entity worth $7m
    2. Lost 98+% value in SP since ATH
    3. $71k cash in the bank as at 30/9.

    All imo... except points 1-3 which are facts.
 
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