NOR 2.13% 4.6¢ norwood systems limited

Ann: Change of Director's Interest Notice, page-2

  1. Doz
    4,538 Posts.
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    Some negative commentators will have you believing that because the CEO is continuing to add to his holdings, that no positive news flow is expected .

    So for the 1000th time . When Optus sign a contract for the implementation of Norwood Systems CogVoice platform , Optus will sign via Infosys . Infosys will then sign a contract with the third party , being Norwood Systems .
    As such , the fact that the CEO continually buys has no relevance to being in a blackout period , as Norwood Systems is not privy to current discussion between Optus and Infosys .

    It’s a bit like Ford’s CEO not being able to buy Ford shares because the local dealership is in discussions to win a fleet contract with the police force .


    All in my opinion …….
 
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