If you mean it was predictable.....yes, it was....fundamentally, as soon as the spp was set at 8 cents, we knew this share price was going to be manipulated.
How low will it go? I have no idea - but being well above 2.5 cents, at this stage, I don't care.
Simply because it is manipulated share price, not one based on actual performance.
If NOR was stuffing up big time, that would be a different scenerio. Then I would care.
I would also have left long ago. Still, apart from the ridiculous price of the capital raising and spp at 8 cents, the management seem to be doing everything right.
8c Prospectus hurting the SP, page-24
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