NOR
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6.25% 4.5¢ norwood systems limited

Ann: $200,000 Convertible Note, page-79

  1. d_l_b
    2,674 Posts.
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    18/05/21
    10:54
    Post #: 53243608
    A bad day yesty cos the SP went down a pip? huh?
    A bad day yesty cos the SP didn't sustain a mini price rise on a CON note announcement? huh?
    Metaswitch/Telco deals (in my mind) are now an inevitability.... evidence:
    PO wants to get paid!
    Cash. Rules. Everything. Around. Me.
    NORs MC is valued lower than most shells
    Shares on issue = small
    Company making announcements = pending....
    Minimal downside at these levels imo... if NOR were to fail... it'd become a shell and probs no consol even needed... a new play comes in... and with it a new opportunity...

    Based on minimal downside risk and large upside potential... upgrading sentiment from 'Hold' to 'Buy' at MC lower than $7m...

    "I have measured out my life with coffee spoons." T.S. Elliot
    Last edited by d_l_b: 18/05/21
    NOR Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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Last
4.5¢ 		Change
-0.003(6.25%) 		Mkt cap ! $21.37M
Open High Low Value Volume
4.6¢ 4.6¢ 4.2¢ $6.006K 136K

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No. Vol. Price($)
2 150000 4.5¢
 

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Price($) Vol. No.
4.6¢ 72148 2
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Last trade - 15.54pm 01/07/2024 (20 minute delay) ?
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