NOR 6.25% 3.0¢ norwood systems limited

Ann: Proposed Grant of New Options to NOROA Optionholders, page-53

  1. 2,375 Posts.
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    More ranting and raving,

    Reading comprehension Holla. I said "potentially". Do I think NOR will get to 8c? Who knows. What non-NOROA holders need to consider is the situation right now. Right now the Company is proposing issuing options at .002 to a select cohort of people, some of whom may not even be shareholders. Those people, if the share price does get above 8c are looking at a windfall at the expense of current non-NOROA shareholders who rather than receiving a windfall will see their portfolio depreciate 30+%.

    But thanks for giving me the opportunity to reinforce this. Good job.
    Last edited by BottleShock: 28/10/20
 
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