NOR 0.00% 5.0¢ norwood systems limited

Ann: Extension of Entitlement Issue Closing Date, page-10

  1. 7,207 Posts.
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    "Have you ever run a business!?"

    Yes I have.

    I explained insolvency as per ASIC Guidelines and gave a link.

    "people a possibly facing massive losses"

    Yes. It is very unfortunate. As many here know, I dropped $40-50k on XPE. I went against my research/gut/rules because of greed and FOMO. Although expensive, it was a great lesson. And every time I get lazy/complacent, I think about XPE and it spurs me into action. NOR is a classic case study in investor psychology. I hope Pinnacle take over, strip costs, fine-tune strategy and give holders a shot at recouping losses.

    You have been a perma bull for as long as I remember. As I have pointed out, if people were influenced by the bears argument, they would either have sold for a profit or for less of a loss.

    Being influenced by bulls like you who have talked NOR up, all the way down, holders continue to suffer losses.

    Funny, I searched for an early post of yours. Pure dumb luck it was a response to me. SP at the time was 0.024.


    https://hotcopper.com.au/posts/23026589/single

    Regards

    Pelican out of the woodwork.

    PS. One of the perma bulls has not posted for some time. I hope he was not offended when I said he sounded like a company stooge.
 
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