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4.26%

4.5¢ norwood systems limited

Ann: Trading Halt, page-127

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17/03/16

08:29

Post #: 17295482
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Originally posted by gyro gearloose ↑

I would just like to put forward an alternative point of view Stefan.
The nor sp had reached a level where the last seller had just left the building put the light out and closed the door.Infact a poster on hc basically admitted he had given up on nor wanted out and couldn't care if the SP rose from here.This is classic ,where a SP has been washed out,the final stages being on very low volume.
Now at this stage,an announcement was due and in my email from the company they said it was waiting approval from the app store.They also said they were super excited about their plans going forward.The ceo had extended the Barcelona trip to do business elsewhere in the world.Basically,things were cooking behind the scenes.
Putting all these scenarios together signalled to me that Nor was in fact a buy ,the knife had stopped falling.
Just another point of view,we are always learning in this game.

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I bought at 4.4
I've had several goes at catching that falling knife... caught it this time!
Now I'm throwing it back towards 20c

NOR Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 4.5¢		Change -0.002(4.26%)		Mkt cap ! $21.37M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.5¢	$2.25K	50K

Buyers (Bids)

No.	Vol.	Price($)
3	85968	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	68140	1

View Market Depth

No.	Vol.	Price($)
3	85968	0.043
1	13888	0.041
3	450000	0.039
1	255000	0.038
2	1375000	0.037

Price($)	Vol.	No.
0.045	68140	1
0.047	142144	2
0.048	61184	1
0.050	590074	5
0.056	60000	1

Last trade - 16.10pm 15/07/2024 (20 minute delay)

NOR (ASX) Chart

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