NOR 0.00% 4.7¢ norwood systems limited

General Comments, page-4

  1. 7,323 Posts.
    lightbulb Created with Sketch. 2281
    Re: NOR R&D and Government Grants etc

    R&D is paid by the Government once per financial year as per previous NOR Quarterlies.

    As such, NOR will not receive anything until after 30 June.

    The $274k from Radium is fully drawn and due to mature on 30/11/20 as per previous Q.

    R&D expenditure has dropped from $308k to $281k to $236 over the last 3 quarters. There is a trend.

    The Government Grants received since listing are:
    30/06/17 $1.37m
    30/06/18 $0.959m
    30/06/19 $0.878m
    31/12/19 $0.713m

    There is another trend.

    Did Radium extend the R&D facility amount during the March Q? Let's see.

    PS I hope everyone appreciates nearly $4m of tax-payer dollars going to NOR...

    All imo.
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $22.32M
Open High Low Value Volume
4.7¢ 4.7¢ 4.7¢ $1.998K 42.5K

Buyers (Bids)

No. Vol. Price($)
1 100000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 61185 1
View Market Depth
Last trade - 11.45am 05/07/2024 (20 minute delay) ?
NOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.