In a highly illiquid stock, it's easy to move the SP around. Someone outlaid $4700 to jump the spread to push it up by 2 pips.
If we get a 3Y in a a couple days corresponding to today's propping, it will be bullish for the CR being pushed out a couple of weeks but bearish for a deal being announced by 30 June.
Will the lack of deal by 30 June followed by a CR be Apsec's 'come to Jesus moment'? Their April Performance Report says it is time to execute. But being long-term bagholders, deeply in the red, maybe they were sated by the flaky announcement last week. Let's face it, anyone holding this dog for 8+ years whilst compounding losses is easily sold a story; there's been so many since the days of PO proclaiming WP as the "WhatsApp killer"
It will only take 1 largish holder to stop believing to send the SP down into the 0.01s
All imo
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $20.43M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.3¢ | $3.225K | 75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 202033 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.041 |
2 | 363000 | 0.040 |
2 | 188888 | 0.039 |
2 | 376500 | 0.038 |
3 | 1575000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 202033 | 2 |
0.046 | 46559 | 2 |
0.047 | 72500 | 1 |
0.050 | 500 | 1 |
0.053 | 20074 | 1 |
Last trade - 10.48am 02/08/2024 (20 minute delay) ? |
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