NOR 1.96% 5.0¢ norwood systems limited

Ann: Appendix 4E & Preliminary Final Report, page-576

  1. 7,256 Posts.
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    Angry? Who's angry? Whack-a-mole like games highlight the futility of engagement. Same vibe.

    "I'd be angry to Wrongler if yet another (What its 5 now) one of the stocks i hold was down 70% in one day"

    Let's try to keep on topic re: NOR

    NOR went to $1.65 on 18/11/15 on a post-consolidation basis (10:1)

    Here's you posting on 11/11/15 at $1.15. You called a high of $1.65. But you were out by a week. Not a bad call at all. Kudos

    https://hotcopper.com.au/posts/16374255/single

    NOR went to $0.01 on 28/2/22

    And here is you posting on that exact day.

    https://hotcopper.com.au/posts/59880917/single

    So by my calcs, you have held with a buy sentiment whilst NOR retraced 99.4%

    I am unsure which is better/worse:
    1. Rip the Band-Aid off for 70% paper loss
    2. Death by 1000 cuts over 8+ years for 99.4% paper loss. But to be fair, at today's heady SP, NOR has only retraced 98%

    Judging by our posting styles and content, I will go with 1.

    Any others care to offer an opinion?
 
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