NOR 15.8% 3.2¢ norwood systems limited

Ann: Half Yearly Report and Accounts, page-25

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  1. 5,023 Posts.
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    Ill reserve my commentary on the report and situation. Most know my view.

    But @Holla, people are being helpful not trolling when trying to explain - BNP Paribas is huge bank yes. Is it a direct holding, almost certainly not. Hence why they haven't lodged a sub holder notice.

    Its extremely common, especially for overseas holders to have nominee account structures - rather than direct CHESS holders. This would also follow as NOR as seems they have some OTC or off-ASX trading in Germany amongst other places. By way of example, I could open a BNP trading account, buy NOR and my holdings would add to the existing number. It wouldn't however be fair to represent that as a "Big Bank Buying".

    Also, the selling when someone else sells. Quite possibly stop losses. If someone is waiting to sell, hoping for a certain price level - they have likely got a trigger that if the depth disappears on the bid, just take whatever liquidity is there. Not necessarily too nefarious.
 
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Last
3.2¢
Change
-0.006(15.8%)
Mkt cap ! $15.24M
Open High Low Value Volume
3.7¢ 3.7¢ 3.2¢ $7.194K 216.3K

Buyers (Bids)

No. Vol. Price($)
2 37599 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 26342 1
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Last trade - 15.14pm 08/11/2024 (20 minute delay) ?
NOR (ASX) Chart
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