NOR 0.00% 4.8¢ norwood systems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-55

  1. 3,164 Posts.
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    So.. the bloke I have suggested I believe is safely stacking the sell side to try accumulate has again increased his holding.. only by 100k in the past fortnight.
    Seems a lot of effort to get a few shares, when they are clearly so tightly held!
    702,600 at 3 is absolutely him, and 1 of the 500k's that have continued to back away from 2.2, 2.4 to 2.6 and 2.7.
    The bloke works for a communications infrastructure and asset mob...
    In my opinion the sell side has only been manipulated down to accommodate accumulation recently. I believe it is obviously a safely stacked sell side (very obvious in the past fortnight especially), and they are moving targets that won't get hit.
    Assume at least those 3 sells aren't genuine, and consider how quickly the price could multiply on big news, from such a crazy low MC of $5m....
    Just a $50m MC is closer to 20c SP.. and that would be very realistic if we see a partnership with a global giant, and a deal finalised with a big name telco.
    Not to mention how impressive AIDA is looking
    All my opinion..

    Strap in
    Last edited by Holla: 01/11/21
 
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