NOR 15.8% 3.2¢ norwood systems limited

Ann: Underwritten Rights Issue Capital Raising, page-163

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  1. 3,451 Posts.
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    Yes, you're correct, swaggie, although shijian3 is a new and vocal entrant. Young Clarkie is still there, and terrific that he is taking time to post on his honeymoon.

    Selling is presumably from tired punters or holders realising a bit of cash to take up their entitlement. You don't need to be Einstein to work out that genuine buyers are few and far between. The positive is that the issue is underwritten, and they'll have cash for a few more months.

    The quarterly is due on April 28.
 
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