NOR 0.00% 4.4¢ norwood systems limited

To raise $200K for Spark NZ deal, page-40

  1. 7,323 Posts.
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    I think you need to re-assess your post.

    NOR have raised 3*$200k within the last 4 months. As per the last Q, NOR has $180k cash as at 31/12/19. So why would I add historical CR's together with out of the money options?

    NOR burns about $600k per Q without Government Grants/Rebates. These are paid once a year. NOR received theirs in Dec Q.
 
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