NOR 4.44% 4.7¢ norwood systems limited

Ann: Annual Report to shareholders-NOR.AX, page-40

  1. 3,164 Posts.
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    I'm still holding partly because I have refused to take the big loss, but mainly because I still believe they will achieve everything.
    Nor was originally a punt for me.. then a double up.. and so on - but the more I learn about it, the expectations rise, the top ups continue.. but it's become a long term hold.. even if it spikes back to 10c soon, I will keep most of them.
    Even though they owe me mid 8's, realistically they probably owe me 12-15 considering everything else I sold to top up nor has near doubled
    I was hoping we would see some serious results from late June.. Instead I saw a f&$#@! CR!
    I hoped we would see results in July....
    I was sure it had to be August....
    They have to make sure it's September!
    We'll eventually get the results.

    I get your reasoning for the Held/Sell setup.. but still think if you reckon it's a sell, it would make more sense to actually sell and put the $ in something you think is much more likely to perform..

    Way past my bedtime anyway.. will check back tomorrow. Cheers all
    Last edited by Holla: 01/09/16
 
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