NOR 0.00% 3.9¢ norwood systems limited

Haven't had a chance to do a deep dive into the AR yet but a few...

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  1. 2,390 Posts.
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    Haven't had a chance to do a deep dive into the AR yet but a few early highlights for me are;

    • Current assets decreased 44% on last year
    • Current liabilities have increased by 19%
    • Tot has had to take a $54K cut to his cash salary and accept NOR shares instead.
    • When talking about NOR's next pivot into a virtual personal assistant service PO states they have tested the "market attractiveness" of the concept with a number of telcos and "potential" telco partners and had received a "warm" reception to the concept. Hardly a great result I would have thought. Not a strong reception, not a positive reception and not even a good reception. Nup, the idea received a "warm" reception.
 
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