Ann: Norwood Receives R&D Tax Offset Funding, page-132

I would like to discuss the topics of stop losses and change of sentiment.

Firstly,stop loss.

With a speccy like this which swings wildly on news I am flexible with a stop loss- allowing 20-25%
I am never confident enough with the future of this company to allow my losses to run deeper.

Secondly,change of sentiment.

Now in the case of Nor,my stop loss is my first consideration.
However,combine that with a change of sentiment which comes,in the case of Nor,because of a history of CRs,unmet deadlines,failed contracts,over hyped revenue estimates then the two work together to provide a clear case in my mind to sell.

But that doesn't mean I will never buyback.

I think it is a good process to monitor sentiment on a stock.

Quite obviously now, Norwood is hoping desperately for a contract,no matter what size,to support a CR which is heading their way.

I am most disappointed in their ability to find a corporate partner to validate their tech and provide support in growing the company.

They seem to me to be constantly clutching at straws.

IMO