We can speculate all we want to here (and will, and do) and that's fine.
But it is in the details of the CR that we will see some substance. I am of the firm opinion that if we see a CR at a price around 2, for a smallish amount (no more than $2m, say) then that will say two things:
1. Sophis have confidence
2. Company has confidence
If this occurs, we might not see 2c again after a brief dip. Then I will buy more.
Ann: Norwood Scales Up Corona Sales with CommSys Agreement, page-115
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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 |