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3.5¢ norwood systems limited

Ann: Norwood wins Contract to Supply Software Technology, page-82

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chanstu

99 Posts.

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11/12/18

11:19

Post #: 36816894
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Originally posted by DoubleDown!: ↑

Can't help but think today and tomorrow are important milestones for Norwood.

The company is in financial peril with a rushed announcement last week to try and rake in a few retail investors in the rights issue, then a Q&A session to try and explain the merits of the Spark deal, which I can't help but think is a public pitch to Pinnacle to convince them to stump up before the deadline tomorrow.

I won't go as far as @japanfresh in saying that if PO gets this over the line he deserves his wage (he's destroyed the finances of hundreds and maybe thousands of people) but it certainly would allow him to keep the title of Master Capital Raiser for another year.

If only he could sell his products.

Share price action this afternoon may provide a running commentary on his success.

Expand

Yes. The SP action will be telling.

Despite the messianic hold that PO has on his followers, and his 'confident smile' and the mysterious glint in his eyes (or whatever it is), this time these things will not be enough to convince the masses that the recent Spark deal will be a company saver.

Vagueness in the Webinar is likely due to continuous disclosure rules. We could see 0.4 s traded today.

NOR Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
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