NOR 0.00% 3.8¢ norwood systems limited

Ann: Cleansing Notice and Appendix 3B, page-3

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  1. 2,156 Posts.
    lightbulb Created with Sketch. 608
    Lol..that's just playing with the numbers.
    Raising $2m adds $3.2m to the m/c based on the BUY price of 1.25c
    Based on cash burn rate and without signing a decent contract(s) worth over $500k, how long do you think those figures will stand ?
    Someone has even had the bots working away for the last couple days to support the s/p at 1.3c
    Yesterdays' bot amount was 1950-2000 shares every 10min
    Today's is looking like 1600-1650 every 10min

    Now that I've mentioned this, if those numbers change - it could indicate they're monitoring HC

    The MC cannot be supported without good contracts and if this CR doesn't assist with bringing some home in the next 6mths, I can't see the MC at any more than $5M - priced to collapse and bought out for their tech.
    Hell, PO could even take the company private...
 
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