NOR 0.00% 3.8¢ norwood systems limited

Ann: Proposed issue of Securities - NOR, page-70

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. Doz
    4,601 Posts.
    lightbulb Created with Sketch. 4430
    ” Here is a lesson for stock newbies...

    Growler invested $50,000 in NOR , sold while in profit and free rode for 5 years , let’s look at this example :

    At this point in time , NOR’s share price increased 700% , let’s assume Growler didn’t buy at the bottom and sell at the top this time . Let’s use 350% as a guide .

    $50,000 x 350% = $175,000
    Takes out capital , $50,000
    Balance $125,000
    98% decline = $122,500 loss for inaction and bad decisions
    Current share valuation $2500

    End result , $122,500 loss and this is the reason he posts negatively everyday on the NOR threads for the next 5 years .

    Please note , Growler continues to hold and remain a shareholder to this day . He has the loudest negative voice and asks the most questions on this platform , but he does not vote or participate in the AGM . He does not acknowledge any loss and seems to be in complete denial . I wish him well in the future with his investing .

    All in my opinion ....


 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.