Really good questions Billy and I can only take guesses as to the answers.
Norwood has traded for a long long period of time at a market cap less than the potential value of tax losses, only recently exceeding it. So maybe the market isn't that astute in is ability to value, the market doesn't always value companies well or tax losses are an unlikely asset to add market cap value.
Maybe the Doc realised that and saw opportunity, or maybe he's just using a scatter gun approach to investing and hoping to do well out of the AI boom without a plan for Norwood should it get put up for sale.
Norwood is a fascinating company to watch but horrendous to be invested in. Only a precious few have any idea about the true potential of the company and they are doing everything they can to obscure that.
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Really good questions Billy and I can only take guesses as to...
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.09M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.7¢ | $108 | 2.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 236234 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 236234 | 0.030 |
1 | 50000 | 0.029 |
1 | 120700 | 0.028 |
1 | 150000 | 0.027 |
5 | 550000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 200000 | 1 |
0.042 | 23833 | 1 |
0.045 | 1534501 | 2 |
0.046 | 21759 | 1 |
0.055 | 18199 | 1 |
Last trade - 15.33pm 07/10/2024 (20 minute delay) ? |
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