NOR 0.00% 4.5¢ norwood systems limited

4c party, page-2

  1. 3,167 Posts.
    lightbulb Created with Sketch. 1279
    Downers will say it means nothing, like they did when I posted their 4c valuation a few weeks ago.. and it was within days of the Visa news sending the price to 3.5 (and back down).

    When Nor was around 3c, the valuation changed to overvalued/2c briefly... the price got back towards 2c and it has said fair value for a while.

    Turns out their valuations have been right since I noticed the new feature on the commsec/westpac app (and the "company" tab on desktop sites)..
    So, if there valuation was correct just prior to the Visa affiliation, is it right now...?
    It has changed this morning, do they know what is coming?

    I know quite a few people invested in Nor, and while half of them don't do any research, and are only invested because I've talked them up, some of them try to find out anything they can. The overall expectation amongst us all is in line with Disco's posts immediately after the AGM.
    We're expecting deals prior to xmas. Not deal, dealS.
    Maybe Morningstar are too....
    They are obviously close to WBC and CBA, the 2 favourites for big 4 bank deals with Nor.

    ..and major app releases...
    We've got quite a few sellers out of the way in recent weeks. Things should move quickly through the thin sell side.
    Last edited by Holla: 15/12/17
 
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