NOR 0.00% 4.4¢ norwood systems limited

yes be very intereted to see the perma-bulls explain this 1 with...

  1. 1,645 Posts.
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    yes be very intereted to see the perma-bulls explain this 1 with their constant claims of nothing but accumulation and loading up.

    clearly sg agree with some of the posters here that things are looking very bleak here. claims yesterday of market caps of 100million......i don't know how they can post this given the current climate and financial outlook.

    my view is, if oracle and metaswitch were to sign, this would be done mid last year and hasn't come to fruition.

    good luck to all those still holding, will need to exercise extreme caution and patience, the news this week has been as follow.

    1. we are not expecting any current deals anytime soon.
    2. we will not get anywhere near our revenue that we forecast.
    3. a big holder has off loaded.

    with another placement on the way to add further dilution. where are the positives this quarter going to come from?

    all in my opinion.
 
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