NOR

5.56%

3.8¢ norwood systems limited

Ann: Investor Presentation and Interview with CEO & Founder, page-100

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leishd

2,305 Posts.

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24/02/16

15:42

Post #: 17105419
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Originally posted by markh1960 ↑

Even with the jump yesterday, the SP was only trading in the same range it was, two trading days ago Fri ish.

I.E a 50% drop needs a 100% rise to get back to the same point.

With the mention of several headline companies being announced as Corona customers in the video the day before yesterday a bonus share trigger looks to be on the cards, so I will dip my toes again once the pending Corona announcement has come out, as looking at the fine print it only needs to sell : 2 x contracts worth $200,000 P.A each to trigger approx 18% more bonus shares to be issued.

Quite a big reward and watering down for such a drop in the ocean.

I hope they get Corona Ann out of the way first, in order to get rid of the cloud over other positive events and so Corona can become a positive rather than double edged event in future.

That is unless they announce enough of a decent revenue increase from all of those headline companies using Corona to off set things, this would be a lot better for P.R.

For the SP to get to .15c it would be like the SP having reached 25c previously with nearly double the shares on issue.

Regards Mark H

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$200k is hardly a drop in the ocean. It was help pay the 8% Ostergaard/Wilson tax on worldphone revenues

NOR Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 3.8¢		Change 0.002(5.56%)		Mkt cap ! $18.10M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.8¢	$8.011K	205.8K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	123849	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.031
1	13400	0.030
1	96000	0.028
1	180000	0.027
1	148560	0.026

Price($)	Vol.	No.
0.040	123849	1
0.041	537001	1
0.042	23833	1
0.044	34501	1
0.046	130760	2

Last trade - 11.59am 01/11/2024 (20 minute delay)

NOR (ASX) Chart

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Ann: Investor Presentation and Interview with CEO & Founder, page-100

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