I think its just as plausible as 'parties unknown trying to keep the price down' its not an untoward or unusual thing to have cornerstone investors buying and supporting a company.
There are bots on all sorts of stocks, but share closing down by a single share at the end of the day is not some conspiracy, its simply the trades happening at the auction and people jumping the queue and leaving 1 share less than whats on offer so they pay the cheapest price when it matches.
Unless existing large holders are expecting or pushing management to undertake a capital raising, I cant imagine why any would want to keep a placement price low. The lower a raise price, the worse for all existing holders.
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norwood systems limited
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Ann: Becoming a substantial holder, page-189
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.0¢ | $9.72K | 485.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 438315 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.019 |
1 | 141879 | 0.018 |
2 | 282308 | 0.017 |
3 | 1345000 | 0.014 |
3 | 1630000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 438315 | 1 |
0.023 | 50000 | 1 |
0.025 | 46361 | 1 |
0.026 | 733333 | 3 |
0.027 | 33723 | 1 |
Last trade - 14.10pm 07/08/2025 (20 minute delay) ? |
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NOR (ASX) Chart |