Phanto, I think his comment that "Norwood has indicated up to now 80% international call cost saving" speaks for itself in terms of any credibility or reasoned comment on the stock. There are many recent examples of similar statements. Going back a few months, his posts were worth reading, but he appears lately to have lost the plot completely.
I gather you didn't get to Frankfurt before the market closed. It is an historical oddity that Norwood is listed there. I seem to remember Norwood saying that there are no listing fees involved: one would certainly hope that this is the case. The Germans suffered a couple of narrow losses last century, but they have learned from that and are extremely unlikely to be backing up their BMW utes. Perhaps it would be better to list Norwood in Kazakhstan. Mick Gatto, who is very good at fixing things, could arrange it. In fact, now that I think of it, perhaps Mick could drop into Norwood headquarters for a chat about the company's prospects. I also reckon Mick could do a capital raising very efficiently.
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4.7¢ |
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Mkt cap ! $22.25M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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2 | 175000 | 0.041 |
1 | 100000 | 0.040 |
1 | 200000 | 0.039 |
1 | 355000 | 0.038 |
Price($) | Vol. | No. |
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0.048 | 50000 | 1 |
0.049 | 238148 | 2 |
0.050 | 12000 | 1 |
0.051 | 125000 | 1 |
0.056 | 60000 | 1 |
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