NOR 0.00% 3.2¢ norwood systems limited

Ann: Proposed issue of Securities - NOR, page-70

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  1. Doz
    4,607 Posts.
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    ” Here is a lesson for stock newbies...

    Growler invested $50,000 in NOR , sold while in profit and free rode for 5 years , let’s look at this example :

    At this point in time , NOR’s share price increased 700% , let’s assume Growler didn’t buy at the bottom and sell at the top this time . Let’s use 350% as a guide .

    $50,000 x 350% = $175,000
    Takes out capital , $50,000
    Balance $125,000
    98% decline = $122,500 loss for inaction and bad decisions
    Current share valuation $2500

    End result , $122,500 loss and this is the reason he posts negatively everyday on the NOR threads for the next 5 years .

    Please note , Growler continues to hold and remain a shareholder to this day . He has the loudest negative voice and asks the most questions on this platform , but he does not vote or participate in the AGM . He does not acknowledge any loss and seems to be in complete denial . I wish him well in the future with his investing .

    All in my opinion ....


 
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No. Vol. Price($)
2 46822 3.2¢
 

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Price($) Vol. No.
3.5¢ 233145 1
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