Report on SedarRead it for yourselves. The last 2 pages are most depressing, telling that Nordex may not be able to compete with other suppliers, Norex's products may be or may become obsolete and there's no money to develop competitve products and there may be no avenues left to raise more money.
I keep asking myself, "What has Jim Taylor done to warrant his continued employment?" and the answer i keep hearing myself reply is "He negotiated a sweetheart golden handshake and there's no money to pay him out."
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00003730