Unfortunately, Brent, the buyers probably have no insight that we don't have. They are a mixture of daytraders, people like Billy (who paid 3.2 this morning) averaging down and punters who know nothing about the stock except that it has been smashed.
Of course, the CEO is bleeding as well. Each 1c drop costs him $2m on paper.
I think it was young Webb who pointed out how cheap it is to buy a house in Queenstown, Tas. Possibly a more realistic option now than the Loire Valley.
Ann: Company Update and Quarterly Reporting-NOR.AX, page-64
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $22.32M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.7¢ | 4.2¢ | $19.38K | 424.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 231096 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 142144 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NOR (ASX) Chart |