NOR norwood systems limited

Good point. The fact they need a CR now adds significant weight...

  1. 7,323 Posts.
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    Good point.

    The fact they need a CR now adds significant weight to my prediction about no material deals with a new telco this CY.

    It also adds weight to my point that NOR have always been under-capitalised and this effects how quickly they can get products to market for commercialisation. I gave an example of how quickly OpenAi can invest decades of development time v. NOR.

    This is the Q NOR usually receives their R&D rebate which goes straight out the back-door to repay the loan.

    A placement to those not called Tarrant would give the Doc extra wriggle room to convert oppies. The Doc's $300k loan + interest is also due 31/12/23. Does the Doc want his money back?

    I think the perma-bulls will try to spin it whilst having a go at my posts. Not the content of my posts of course.

    All imo
 
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