NOR 6.00% 4.7¢ norwood systems limited

The R&D funding facility is not free, so I anticipate the R&D...

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    The R&D funding facility is not free, so I anticipate the R&D rebate to be lower than your estimate.

    Also, the 3B states that ~41m shares can be issued under the 15% placement rule. At 0.6c that isn't much runway, at lower prices it's even less
 
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