NOR 7.55% 4.9¢ norwood systems limited

Well that's interesting. They are only issuing 12,250,000 shares...

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    Well that's interesting. They are only issuing 12,250,000 shares whereas they originally announced 17,750,000 shares were to be issued after a "heavily over subscribed" placement.

    https://hotcopper.com.au/data/attachments/5732/5732291-196b0ac31517f83213fb50ee084c6cc1.jpg
    The difference is 5.5M shares which just happens to match the number of shares the directors notified the Company that they intended to apply for. 5.5M x .04 = $220,000.

    They probably need to clarify what's going on?
 
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