Hey Stefan,
My thoughts are that Nor should have released their results on a monthly basis or quarterly rather than fortnightly.
Fortnightly IMO allows for too much over analysis and focuses on all the little bumps under our feet rather than the view down the road.
There has also been some very accurate discussions and forecasting on where NOR should be on HC leading up to each announcement.
So as you mentioned, whenever the results were disappointing or simply not stellar, people sold out. In saying that, people also brought so once again it could simply be a classic case of potential future wealth transferring from the impatient to the patient.
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2 | 550000 | 0.027 |
2 | 150000 | 0.026 |
3 | 750000 | 0.025 |
1 | 1875000 | 0.021 |
Price($) | Vol. | No. |
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0.032 | 30000 | 1 |
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