NOR
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3.13% 3.1¢ norwood systems limited

Ann: Capital Raising and Appendix 3B, page-3

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  1. davidclarke_au
    2,426 Posts.
    lightbulb Created with Sketch. 43
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    05/03/19
    16:41
    Post #: 37660317
    Wasn't Oracle - Fake news...

    Disappointing it wasn't Spark - this would have been the "best" outcome for holders.

    Pinnacle smarter this time around... They take 6% of the total amount raised but they also take $10,000 per month for 3 months (?) as a retainer fee.

    Potentially 100,000,000 shares to dilute holders before 21st June..

    Keen to hear others thoughts, but not sure the 300k upfront buys them much longer @ current burn anyway?
    NOR Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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