NOR 0.00% 4.0¢ norwood systems limited

General Comments, page-8126

  1. 7,323 Posts.
    lightbulb Created with Sketch. 2283
    Why would anyone want you post to be removed? It is hilarious.

    What is more amazing than you and @Cotchy having the same "shell" conspiracy?

    @Howler7 also had the same conspiracy. What are the chances?

    https://hotcopper.com.au/posts/66545608/single

    Further, Howler also writes holder's names with ** replacing letters and bangs on about lies and misinformation. All whilst sharing a conspiracy theory. Although, to his credit, he names names: Casey.

    According to the theory: Casey bought NOR at a higher SP and then off-loaded at a lower SP in order to make NOR a shell. Incredible. Did all 3 of you come up with this theory yourselves, independently? Or did PO feed it to you by way of an excuse for the abysmal SP?

    There's a fatal flaw in this theory though. In order to make NOR a shell, one would need to have a controlling interest in the company. One does not gain a controlling interest buy selling shares but by acquiring them.

    The fatal flaw is why I think this theory may have come from PO. Another LT NOR holder posted a PO excuse for the pilots failing to proceed to commercial agreements (telcos upgrade their systems every 8-10 years). The fatal flaw being after this excuse, PO decided to develop another product to sell to telcos... why would you do this if telcos upgrade their systems every 8-10 years. Oh right, it is different this time.

    The real reason why the SP plummeted was because as Howler noted, Casey off-loaded a big position. The reason was noted by Robbo: NOR hasn't done anything for 5 years.

    All imo... except the conspiracy theory which is not mine
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
0.000(0.00%)
Mkt cap ! $19.00M
Open High Low Value Volume
4.0¢ 4.2¢ 3.9¢ $12.09K 305.5K

Buyers (Bids)

No. Vol. Price($)
2 145000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 123849 1
View Market Depth
Last trade - 15.36pm 16/08/2024 (20 minute delay) ?
NOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.