NOR 2.04% 4.8¢ norwood systems limited

Ann: Revenue Stream from Commsys Agreement Commences, page-48

  1. 639 Posts.
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    Looks like the familiar pattern - ensure it stays at a premium to the CR price so it is fully subscribed, then watch the arse fall out of SP once done and dusted.
    Salient point which is disclosed is that more capital will be required in the short to medium term "treat this a speculative stock" - thanks for that stunning insight...
    Plus subs holders not inclined to take up their full whack.
    Echo the sentiment of a previous poster - no point selling at this stage as sitting on fair losses.
    Here's a novel idea - Instead of false promises and market senstive announcements that actually are not market sensitive, how about some of these revenue streams actually dropping and not bleeding shareholders every 2 months and diluting the crap out of us.
 
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