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NOR norwood systems limited

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2.8¢

Ann: Trading Halt, page-24

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Joseph_C

96 Posts.

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13/03/18

10:01

Post #: 31705978
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Originally posted by growler1969 ↑

It is a case of rinse and repeat here.

NOR , imo, always seem to be able to raise via sophs who seem happy to gain by buying at a discount then waiting to offload during a price sensitive announcement soon after for profit. Symbiosis.

Cases in point:
16/11/17 CR
21/11/17 Norwood partners with Visa https://www.asx.com.au/asxpdf/20171121/pdf/43pds7s62291by.pdf

05/04/17 CR
19/04/19 Revenue Stream from Commsys Agreement Commences
https://www.asx.com.au/asxpdf/20170419/pdf/43hllcjmybnbcl.pdf
28/04/17 Norwood Expands Client Relationship with Oceaneering
https://www.asx.com.au/asxpdf/20170428/pdf/43hvd5vhyddf2t.pdf

15/06/16 CR
11/07/16 offer closing date extended
14/07/16 First Corona Cloud and Corona GTS sales achieved
https://www.asx.com.au/asxpdf/20160714/pdf/438kfgz0w9sjlf.pdf

Quick quiz for those playing at home: did any of those price sensitive announcements amount to adding to LT revenue/profitability/viability?

Imo, the only losers in Norwood are:
1. Loyal LT holders
2. Those who bought high during the WP frenzy in late 2015/early 2016
3. Those who continue to average down
4. Those who do not get access to the soph placement offers
5. Those who may fall into each category above.

Expand

Norwood not presenting this year.

Please join us at the TechKnow Invest Roadshow Series 6
Sydney 10 April, Radisson Blu Hotel
Melbourne 12 April, Grand Hyatt Hotel

Among the companies attending are:

De Mem

DigitalX

Family Zone

Fatfish Internet Group

LiveTiles

Nanollose

Neuro Scientific

NVOI

Resapp

Schrole

Selfwealth

SenSen Networks

Tesserent
NOR Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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Last 2.8¢		Change 0.003(10.0%)		Mkt cap ! $14.14M

Open	High	Low	Volume
2.6¢	2.8¢	2.6¢	6.438M

Buyers (Bids)

Vol.	Price($)
1033076	2.6¢

Sellers (Offers)

Price($)	Vol.
2.7¢	471269

Last trade - 16.11pm 03/07/2026 (20 minute delay)

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