NOR 7.55% 4.9¢ norwood systems limited

General Comments, page-110

  1. 4,382 Posts.
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    Yes I'd not really thought about the reasoning behind two rather identical CRs but one shrouded in intrigue and wonder by being issued with a TH and the other just simply announced. Was it anything to do with one being placed to a broker and needing time to settle to it's eventual holder, and the other being a simple vanilla raise to a SMSF? Must be a logic, no matter how perverse to it?

    So disco has picked up 88's shares! Or some of them. God, well never hear the end of this now.

    Can anyone point to any announcement on revenue forecasts that Norwood have got right? I can't think of one at all. Is there even an example of one where just 50% of forecast was achieved? Certainly the 50-100k per week, even if we just give it the two weeks it was actually operational, we're looking at what, 20% of announced? I love not being invested in this, the entertainment is so worth the price of admission.

 
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