NOR 4.26% 4.5¢ norwood systems limited

Major Reversal Incoming, page-81

  1. 535 Posts.
    lightbulb Created with Sketch. 308
    Not offensive at all.
    This company can not carry on for too far into the future as things stand. I'm sure most on here would agree to that.
    For this reason, either it lands more $$ or it actually is "lights out". There is no underlying secure revenue that NOR can rely on at the moment, there is no large stack of cash in the till that it can use indefinitely while markets open up for it.
    The point I was highlighting, (i think @d_I_b was also), is that it is either going to land $$$ in which case, current MC is severely undervalued, or the $$ and CR's will dry up and "lights out". It's clearly a sink or swim scenario, with a short time frame to find out.
 
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