NOR 2.08% 4.7¢ norwood systems limited

Ann: Norwood partners with Visa, page-138

  1. 2,134 Posts.
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    ML, I wouldn't leave out a possibility for takeover - but GL if you do jump out. Big revenue most likely won't be until early next year so the longer the m/c stays around this level, considering the tech they have, the more ripe they become for a t/o.
    Oracle seem to like Nov/Dec for acquisitions and though PO states in the presentation they haven't received any approach 'yet' from anyone, he seems to say so a little too casually. Oracle are happy to pay big bucks on acquisitions .. here's a wiki link to their history in that regard :-
    https://en.wikipedia.org/wiki/List_of_acquisitions_by_Oracle

    Food for thought...
 
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