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2.22% 4.4¢ norwood systems limited

General Comments, page-40

  1. billy duckworth
    3,388 Posts.
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    13/04/20
    21:26
    Post #: 44020387
    To avoid offending delicate sensibilities, I thought I'd post on this thread.

    From the last half-yearly: as at 31/12/19 current assets were $180K and current liabilities $974K.

    In this quarter outgoings might have been $600K with income of perhaps $100K and raisings of $400K.

    Unless my figures are wrong (happy to be corrected), I can't work out how they could be solvent at 31/3/20.

    Am I missing something ?
    NOR Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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