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4.44% 4.7¢ norwood systems limited

Touch and go.....4M cash reported at end of July, they are set...

  1. user23
    3,914 Posts.
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    19/09/16
    22:10
    Post #: 19267307
    Touch and go.....4M cash reported at end of July, they are set to receive 1.2M at end of year for R&D tax refund, and if WP revenue continues around 700K so that means around 6M and with cash burn of 1.2M per quarter it will be around 5 quarters, maybe 6 if they sign some corona contacts or get more revenue from WP.
    NOR Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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