NOR 0.00% 3.2¢ norwood systems limited

Maybe you can help me here, Bomoh, but on my quick calculations...

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    Maybe you can help me here, Bomoh, but on my quick calculations they would have needed to borrow more in April to stay afloat, unless the advance from Spark occurred this month. Am I missing something ?

    And if they did borrow more, does the R & D rebate down the track cover the massive debt they've accumulated (at 15% per annum according to the half-yearly) ?
 
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