NOR 2.22% 4.4¢ norwood systems limited

Ann: Extension of Entitlement Issue Closing Date, page-4

  1. 3,177 Posts.
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    Simple mate.. fair enough, it's been horrendous overall, with nothing to cheer about for a long time.. but, if you will consider having an open mind, rather than always posting only negativity here on a stock you haven't held in a very long time.. give it a chance!
    Do you think maybe Pinnacle are keen to take it up as soon as there's the deal signed? Obviously we would see a decent improvement in price.
    Do you think maybe this 2 weeks is a signal they expect it by then? (Yes, they would've expected something in time for the previous extension, and again things have dragged on).
    10 day extension though, kinda tells us how close it is.. now hopefully it is before the AGM, which I'm sure would be the plan now.

    Otherwise there would be no point extending. It wouldn't be filled, and I doubt Pinnacle would want any unless we have a proper deal.

    So.. expect it within the next week or so, in my opinion.

    Costs have now been drastically reduced compared to previous quarters now that the apps are all developed. They have spent what was required to get things to to current stage.
    Now it is all about executing the deals and finally getting that revenue multiplying.

    It will be a very interesting week ahead.

    If there's a big telco deal looming (and/or another), along with an AGM spruiking overall confidence and serious short term onwards expectations.. maybe we can have a happy xmas, or at least a much more comfortable 1.

    The raise extension suddenly has me much more confident again.. and I'm very glad they were able to get it done sooner than the usual 8pm announcement!
    Thanks!

    * I'm out for tonight, sorry for not replying further. Will check back later. Cheers
    Last edited by Holla: 20/11/18
 
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