NOR 0.00% 3.7¢ norwood systems limited

Ann: Appendix 2A, page-31

  1. Doz
    4,577 Posts.
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    * Yep NOR is on the cusp of another big cap raise as their quarterly shows they have very little cash.
    * Cash at hand in the last quarterly very low

    * Well with less than $71k a cap raise is imminent and alot more dilution

    * Cap raise price will need to be done at 1 cent i reckon


    Rob , welcome to the NOR threads and investing , your contribution ( refer above ) on this thread alone is consistent to say the least . Can you provide any in-depth analysis including your expected incoming revenue for the quarter and a feasible explanation as to why any raise would be conducted at a 67.5% discount . Thanks .

 
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