NOR 2.44% 4.0¢ norwood systems limited

Ann: Norwood wins Contract to Supply Software Technology, page-3

  1. 4,419 Posts.
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    Well!!! That's going to throw a spanner in the works between Jalana and CM.


    $1.1m deal (NZD) but over 4 years. Going to have to check the terms of the CM/J deal more carefully. 


    Actual deal very light on detail too. Particularly around the minimum revenues applicable. Did it really take two days to prepare that announcement?


    Still it's a deal. Not nearly enough to stave off this or another CR in Feb. Upgrading to Hold.

 
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