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3.5¢ norwood systems limited

another insightful post IMO

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flicklb

485 Posts.

33

04/09/24

21:45

Post #: 75533033
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Originally posted by Cel6: ↑

have you noticed how many times in recent weeks that 3.5 (or whatever the 1st line of sell side) has been wiped at the exact same time - 3:59:55pm
It's obvious a big player is taking whatever they can get each day without bumping the price up. Leaving it as late as possible, automatic buy 5sec before close each time. The sell syndicate cry "illiquid" because it's probably quite difficult for them to buy up big like they want!
I think people are crazy to be selling.
It's definitely being accumulated as much as they are able, without driving the price up IMO
Is it the same player going for millions of norod at 0.005?
Perfect timing for tier 1 news. Can't be many weak hands left, some taken profits from the last 2 years.
Hopefully good news has the likely only weak hands holding on to his 3.2m, because I would assume Tarrant and other big players are thinking double figures SP in the not too distant future.
Keep the sell side thin, and let it roll

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another insightful post IMO

NOR Price at posting: 3.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 3.5¢		Change 0.003(9.38%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
3.2¢	3.5¢	3.2¢	$3.463K	107.1K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	43716	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.031
2	190000	0.030
1	200000	0.029
3	750000	0.028
2	750000	0.025

Price($)	Vol.	No.
0.036	43716	1
0.037	11000	1
0.040	100000	1
0.041	123849	1
0.046	21759	1

Last trade - 15.03pm 04/09/2024 (20 minute delay)

NOR (ASX) Chart