NOR 7.55% 4.9¢ norwood systems limited

Ann: Placement, page-20

  1. 3,165 Posts.
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    Of course the thread has been instantly dominated by the downers, but..

    I'll admit I was rather annoyed seeing that placement Ann when I was expecting Nor to start taking off this week, especially when I've had a recent chat, and been told nothing has changed from previous anns (e.g., cashed in to next year)...

    Thanks DD for acknowledging there appears to be Nor NOROA this time.

    I see some serious buying this morning..
    My honest opinion (which may be well off the mark)... I believe something is about to land imminently.. what's the bet the placement goes through pinnacle to someone close to Nor!?

    It's definitely mates rates..
    Obviously someone is more than happy to keep putting $ in the bottom...and I'm even more suss about all the buying, smashing 4, 14m through.

    Technically someone could be buying up on news of successful minor placement, knowing there's no proper raise coming, knowing the company is financially secure now even further in to next year with partnerships and Telco deals due this quarter onwards.... Right?
    Or that's their excuse/reason to get away with buying up when they really know what's to follow, I assume big news ahead of consolidation?

    Someone has been given a gift anyway.. and the fact the ops aren't included, obviously they are happy to slop up whatever they can get right now!

    My opinion.
 
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