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Norwood chief executive Paul Ostergaard.

Norwood rattles tin for more funds

Perth-based telecommunications company Norwood Systems has tapped investors for a $5 million capital raising to fund ongoing development of its products.

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Comments

As soon as telcos drop the roaming prices or offer packs for discounted (and unlimited allowances while traveling / roaming); which they do now already; GAME OVER... It is just the way it is...

SMS - will not work now or in the future

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
91stResApp Health35%77%
415thNorwood Systems-25%25%
555thStrategic Elements-45%-5%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/12/18
$0 Other
14/12/18
$0 Issued
14/12/18
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

151st↓Norwood Systems$1.3m
155th-MOKO Social Media$1.2m
156th↑Strategic Elements$1.1m
158th-Cre8tek$1.0m
159th↑ResApp Health$999k
237 listed industrial companies ranked by revenue.
Source: Morningstar

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