NOR 0.00% 3.7¢ norwood systems limited

Ann: Capital Raise Completed, page-113

  1. 2,370 Posts.
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    Ahhh, I think I see where the discrepancy comes from here billy. you are no doubt familiar with the hotel story.


    3 men go into a hotel. The man behind the desk says a room is $30 so each man pays $10 and goes to the room.


    A while later the man behind the desk realised the room was only $25 so he sent the bellboy to the 3 guys' room with $5. On the way the bellboy couldn't figure out how to split $5 evenly between 3 men, so he gave each man a $1 and kept the other $2 for himself.


    This meant that the 3 men each paid $9 for the room, which is a total of $27 add the $2 that the bellboy kept = $29. Where is the other dollar?


    I think we are in a similar situation. The outcome depends on how you set the equation up.

    Can you tell I've been up a while?


    Regardless I’d just like to throw out a huge thank you to Disco and Doz for facilitating this discussion. At the end of the day I think we can all agree that NOR is currently a long way south of 99% lower than it’s all time high.


 
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