NOR 3.03% 3.4¢ norwood systems limited

Ann: Change in substantial holding, page-4

  1. 3,406 Posts.
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    I wouldn't be so bold as to suggest that, growler. I will leave schadenfreude to others.

    One of the difficulties I have with the stock is that it is illiquid. Some retail holders are aboard well over 10 million shares. Let's say that on paper a 10 million holding is worth $400,000. Let's say, hypothetically, that a holder needed funds for some other purpose, and had to offload. I'd suggest that to shift that holding would at best realize $350,000.

    When I was a shareholder (roughly 2016) I sold $130,000 worth of stock in half an hour. Buyers were everywhere. Today, as perhaps Tooheys8 can attest, it might take a fortnight. Incidentally, he is to be commended for his astute purchases and sales.

 
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Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $16.15M
Open High Low Value Volume
3.4¢ 3.4¢ 3.4¢ $579 17.02K

Buyers (Bids)

No. Vol. Price($)
1 49829 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 30000 1
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Last trade - 12.17pm 10/09/2024 (20 minute delay) ?
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