NOR 0.00% 4.7¢ norwood systems limited

Ann: Shareholder Update Presentation, page-6

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    This is what they say about the flagship World Voicemail:

    "A bona fide opportunity, but we’ve found that our ability to sell our voicemail platform to telcos is usually constrained by where telcos are in their current voicemail upgrade cycle. Voicemail upgrades are also generally not a top-of-mind strategy imperative for telco C-level executives."

    Do we think, perhaps, that a capital raising is needed before Feb 28 to reassure ASX that they are solvent ?

    If so, will participants at, say, 1.1c, include directors ? Will the Casey family put their hands up again ?
 
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