NOR 4.55% 4.6¢ norwood systems limited

Investor update..., page-329

  1. 1,225 Posts.
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    Sorry for the double up I meant to post on this thread

    Guys. This is a speculative stock.

    For those that don't know what that means, it means that it is a high risk venture that will be some time away from solid revenue figures. The value of a speculative stock is based much more on the potential reward/risk ratio. If you wan't to wait until you see solid revenue data and multiple OTT contracts in place that is a defensible strategy but here's the rub, the price won't be anywhere under 15 cents when and if this happens.

    So either pick up a bargain and take some risk or sit tight for a safer bet in a few more weeks but please don't ask for solid revenue figures from a speculative stock that has only had its products to market for less than 30 weeks. Perhaps some of you have wondered over from the woolworths forum by accident.

 
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4.6¢
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4.4¢ 4.6¢ 4.3¢ $6.544K 144.7K

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No. Vol. Price($)
1 30000 4.4¢
 

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Price($) Vol. No.
4.6¢ 46559 2
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