NOR 0.00% 4.4¢ norwood systems limited

Ann: Placement, page-521

  1. 5,921 Posts.
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    By raising capital from Mum & Dad's and Instos.

    The real question is, why, after multiple failures do certain parties continue to invest money in NOR, i can only think of 2 scenarios.

    1 - They are chasing their losses and hoping to get out as soon as they are in green

    2 - They believe that NOR's product offering is either going to be sold and they'll become a profitable business or they will be taken over for a premium in the not too distant future.
 
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