NOR 0.00% 3.0¢ norwood systems limited

Ann: Ceasing to be a substantial holder, page-9

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  1. 3,285 Posts.
    lightbulb Created with Sketch. 1494
    You might not have understood mate.. he sold at these prices, which was close to his average.
    Not really much of a loss to negate anything.
    It all went to the property, so other than the smaller amount he bought back recently, don't expect him having $ to buy them all back!
    Hindsight says he shouldn't have got a broker involved, thinking an off market transfer potentially to other existing holders was the best thing for Nor share price..
    Suddenly the price (coincidently I'm sure!) was belted within 2 days and the off market transfer was no longer available.
    He would've been much better off selling slowly above 3c in the previous week, which would've been profit, but it's clearly a brutal game where everyone else gets done over.

    I also got rolled.. bought more at 2.7 and 2.6 before it went down and got myself in deeper with some bad trades!

    Just hope Nor can hurry up and get these app launches/proper revenue deals happening before my bills/mortgage payment is due this month, otherwise I will be dropping that buy with yet another loss!

    I agree with Creature's earlier post - got to be a big chance for app launch tomorrow.
    Pull ya finger out, Apple. Let's see WS at least, if not both.

    This morning I was worried it looked like we might touch 1.9, but there was some decent interest today, few solid buys.. Maybe we will finally see some promising news tomorrow open....
 
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