NOR 0.00% 4.9¢ norwood systems limited

You may be unaware of ASX capital requirements, and may not have...

  1. 455 Posts.
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    You may be unaware of ASX capital requirements, and may not have read the announcement before immediately trolling - becauee it's clearly Nor's fault your MAY is going down.
    Why do you think the MAY sp is dropping, by the way?

    Nor's Ann, clearly states the facilty is availble to draw down any time required up to 31st December, IF required. Doesn't that striaght up tell you they are likely to have major income any week now, but are required to have something in place to satisfy ASX requirements.

    No dilution, no raise, minimal costs. Perfect.

    Great effort with the trolling though.
    Hopefully it helps make you feel better about May (Glad I sold that may dog around 8c, used the $ for 2.4c Noraaa)

 
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