NOR 3.03% 3.2¢ norwood systems limited

Ann: Closure of Rights Issue, page-86

  1. 919 Posts.
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    @d_l_b Nice find!

    Of course the NOR marketing team, and our friendly neighbourhood IR guy still believe that their "milkshake is better than yours".

    The problem is, that since 20 Nov, it hasn't brought "any boys to the yard" because they can't afford to market it anymore*.

    *This along with a bevvy if relevant questions has not been confirmed or denied, so in the absence of information I'll have to 'estimate'. Good enough for NOR, good enough for me!

    With respect to the 5%, "I'll teach you, but I'll have to charge".

    Again, if 5% is acceptable to holders for their CEO (on top of his other widely discussed company provided benefits) I don't see why it would be unreasonable of me to charge such a fee.

    The difference would be the 5% I charge would increase revenue for NOR. PO's 5% is simply a 'tax' on holders for a loss making product.
 
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