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The latest announcement is out from Norwood Systems Ltd ( (AU:NOR) ).
Norwood Systems Limited has notified the market of the issue of 5 million unquoted options, exercisable at $0.025 and expiring on 11 December 2027. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and reflect ongoing use of equity-based instruments in Norwood’s capital management, with potential future dilution for existing shareholders if exercised.
The most recent analyst rating on (AU:NOR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Norwood Systems Ltd stock, see the AU:NOR Stock Forecast page.
More about Norwood Systems Ltd
Average Trading Volume: 579,350
Technical Sentiment Signal: Sell
Current Market Cap: A$7.92M
For a thorough assessment of NOR stock, go to TipRanks’ Stock Analysis page.