NOR norwood systems limited

Ann: Trading Halt, page-16

  1. 5,756 Posts.
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    If you choose not to put in more cash you get diluted and your holding becomes worth less .
    imo the mkt cap won’t change just the number of shares on issue
    if the raise is for a material purpose such as a security deposit for a new customer or something other than working capital then it can be viewed as positive.
    in the last quarterly report we were told about all the money coming in , during April which may present as everying is just Jim dandy . Funny how we are not told what’s going out .
    some may say it creates the perception that everything is fine cash wise .
    here today the jury is out imo
    but having to put your hand in your pocket is never great imo

 
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(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $8.254M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $2.045K 121.5K

Buyers (Bids)

No. Vol. Price($)
3 460430 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 167155 1
View Market Depth
Last trade - 12.47pm 18/06/2025 (20 minute delay) ?
NOR (ASX) Chart
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