NOR norwood systems limited

Ann: Response to ASX Query, page-37

  1. 4,562 Posts.
    lightbulb Created with Sketch. 1993
    Not really, if you read through their report to the ASX they have covered everything with ifs and potentialities. Their whole answer to everything is 'IF we get a deal that we think is POTENTIALLY possible, we'll be sweet.'

    I can't believe the ASX actually accepted those answers. But I guess all they were really doing is covering their butts, they've ensured the market is informed.

    You'd LOVE to see that cashflow forecast wouldn't you? I mean how on earth can you forecast unknown revenues? All it would show are huge gaps across the year in incoming cash. Doc would have that sitting in his filing cabinet and X's marked on his calendar knowing when to expect the begging email from PO.
    Last edited by DoubleDown!: 07/03/25
 
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