NOR 3.03% 3.2¢ norwood systems limited

Positive news flow, page-1724

  1. Doz
    4,582 Posts.
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    I’m not going to teach anyone new to investing like yourself the distinct differences in , terminology , requirements and purposes between a company capital raise or placement and as in this case , retail shareholders requesting with the company to reissue expired options with new options . Existing option holders who can foresee value in the offer accepted the opportunity and those who did not we’re not forced to participate , the company was not reliant on participation or outcome . At no stage was the price set intended to act as a vehicle to raise additional funding , it was set to cover costs and considering that the take up was around 60% , it seems that they got it right without risking loss . Not only did participants benefit , but dilution was kept to a minimum benefiting all holders . Now I suggest you go and do some research and study , otherwise you will make it far to easy for investors such as myself to take your money in the future .

    All in my opinion .....
 
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Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $15.20M
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3.1¢ 3.2¢ 3.1¢ $3.917K 125.1K

Buyers (Bids)

No. Vol. Price($)
2 230645 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 100000 1
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