When share price was at 14 cents and 15cents everyone speculated when the share price reaches One dollar or at least 50 cents. Now where the share price is at 3 cents some people speculating of the business being a failure. I don't understand.
I am also disappointed by the cash burn of the company, but nothing that can't be fixed.
I do not think that this highly qualified and experienced people work for NOR if they do not see the potential. A lot of share holders have a too short horizon. The stock market is not designed to make people instantly rich (even though it would be nice). It is designed to invest into a business, earn money for investors and enable the business to provide services and products to society. I believe that NOR has such a product that will add value to investors and society.
Ann: Company Update and Quarterly Reporting-NOR.AX, page-237
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $22.32M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.7¢ | 4.2¢ | $19.38K | 424.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 231096 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 142144 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NOR (ASX) Chart |