Ann: Becoming a substantial holder, page-242

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88eallin

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09/07/19

17:44

Post #: 39443283
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Originally posted by Doz: ↑

Looking at what we know , APSEC and Hiscock both invested in the latest raise . It would be fair to assume that larger fund managers are exposed to more company information via private meetings than what you and I are when it comes to extracting money .
Hiscock invested $300,000 as a note and converted it into 100,000,000 shares . Why convert ? They also seemed to have accepted their free option at maturity date 21/6/19 . Note , nowhere does it state that they paid any money for their NOROA option . Why did they have access to the options early ? A take over would be one reason , but we won’t go there .
In house cross trades may be Hiscock distributing the 100 million shares to their investors , these trades have transacted upto 0.0045 per share .
The activity in NOROA shares just before 21/6/19 may have been again in house trades from Hiscock to their investors , shown as 0.001 .
Hiscock are now in a position to profit handsomely while still offering their client a better deal than on market , ie 4 shares @ 0.0045 and 3 options @0.001 average price 0.003 .
Hiscock would profit , 100 million x 0.0015 = $150,000
keep 25 million shares from options , cost nil , sell ??? Say 0.008 $200,000
Hiscock will not want to burn their investors on a company like NOR .

Now at no stage accept any of the above to be true , accurate , partly true or false or partly false , it’is designed to make us all think , what’s really going on .
We need to think and work this out before the next announcement, otherwise we may be lined up behind creature and 88 trying to top up at 0.009

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i enjoy the subtle attempt at a dig there!

I will never be putting 1 more cent into this stock regardless of any promises or news release.

any half significant rise will see me out never to ever look back here again.

its been painful to take part in and taught me some valuable lessons. it has also taught me that HC can be full of delusional people who wouldn't be able to accept reality if it smacked them hard in the face!

Last edited by 88eallin: 09/07/19

NOR Price at posting: 0.5¢ Sentiment: None Disclosure: Held
4 Upvote

1 Great analysis

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(20min delay)
Last 4.5¢		Change -0.002(4.26%)		Mkt cap ! $21.37M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.5¢	$2.25K	50K

Buyers (Bids)

No.	Vol.	Price($)
3	85968	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	68140	1

View Market Depth

No.	Vol.	Price($)
3	85968	0.043
1	13888	0.041
3	450000	0.039
1	255000	0.038
2	1375000	0.037

Price($)	Vol.	No.
0.045	68140	1
0.047	142144	2
0.048	61184	1
0.050	590074	5
0.056	60000	1

Last trade - 16.10pm 15/07/2024 (20 minute delay)

NOR (ASX) Chart

Ann: Becoming a substantial holder, page-242

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Ann: Becoming a substantial holder, page-242

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