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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 29/06/18

1 year TSR5 year TSR
62ndPeppermint Innovation178%-15%
547thOrthocell-11%0%
671stNorwood Systems-33%0%
811thAssetOwl-74%33%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$0 Issued
15/06/18
$0 Other
27/04/18
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

134th↓Norwood Systems$1.6m
148th↓Orthocell$1.0m
149th↓Peppermint Innovation$1.0m
151st-Cre8tek$1.0m
152nd↑AssetOwl$902k
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Norwood Systems

12thPaul Ostergaard$2.233m
258thMichael Edwards$361k
370thAmit Pau$321k
Ranked by total remuneration from all listed WA companies

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