NOR 0.00% 3.7¢ norwood systems limited

By raising capital from Mum & Dad's and Instos. The real...

  1. 5,933 Posts.
    lightbulb Created with Sketch. 392
    By raising capital from Mum & Dad's and Instos.

    The real question is, why, after multiple failures do certain parties continue to invest money in NOR, i can only think of 2 scenarios.

    1 - They are chasing their losses and hoping to get out as soon as they are in green

    2 - They believe that NOR's product offering is either going to be sold and they'll become a profitable business or they will be taken over for a premium in the not too distant future.
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $17.58M
Open High Low Value Volume
3.8¢ 3.8¢ 3.5¢ $18.32K 517.0K

Buyers (Bids)

No. Vol. Price($)
1 125000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 100000 1
View Market Depth
Last trade - 13.51pm 23/08/2024 (20 minute delay) ?
NOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.