NOR 5.88% 3.2¢ norwood systems limited

Ann: Change in substantial holding, page-6

  1. 4,838 Posts.
    lightbulb Created with Sketch. 397
    it's hard to get out of any illiquid stock or in , full stop
    if you read Aspec website they still seem pretty bullish .
    but it's been 8 years , bet they never intended to hold 8 years
    be interesting to know their motives for topping up , is it just to minimise dilution, they won't ever say thou .
    the problem will arise if over the medium term no deal arises , and a top holder does choose to reduce their risk and sell down a few .
    not saying this will happen just playing devils advocate.
    but say nothing by June 30
    people will be questioning where their money is parked.
    all imo.

    all this crap about a holder wanting to shell NOR , be fair dinkum
    https://hotcopper.com.au/data/attachments/5872/5872228-dfaaded6d555c457330eb3ea8f54e895.jpg
 
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3.2¢
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3.3¢ 3.3¢ 3.2¢ $3.956K 122.0K

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3 215000 3.0¢
 

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3.5¢ 79983 2
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