NOR 1.96% 5.0¢ norwood systems limited

Ann: Closure of Rights Issue, page-48

  1. 17,232 Posts.
    lightbulb Created with Sketch. 954
    The Spark contract is NOT $1m over 4 years.

    It clearly states " estimated revenue to Norwood of approximately ...."

    Estimated: roughly calculate or judge the value, number, quantity, or extent of.
    In other words, it's a guess at best and should not be relied upon IMO.

    It also says, The contract is anticipated for four years, WTF does that mean?
    Is it a contract with a FIXED term or not?
 
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