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8.33% 3.9¢ norwood systems limited

Ann: Placement, page-396

  1. DoubleDown!
    4,457 Posts.
    lightbulb Created with Sketch. 1902
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    20/12/19
    15:40
    Post #: 42073860
    Respect your view here, it's realistic to include the CR. Not necessary for deals and a CR to be mutually exclusive.

    30/9/19 cash $169k
    Oct placement $200k
    Dec placement $200k
    R&D refund $217
    R&D loan $140
    Revenue ???? (My guess $150k)

    est outflows $936k

    Bank total 31/12/19 $-10k plus whatever revenue was earned in the quarter.

    3 weeks of funds left.
    NOR Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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