NOR 1.96% 5.0¢ norwood systems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-26

  1. 945 Posts.
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    I simply don’t understand this stock. Is this me complaining that things I invest in aren’t doing well while NOR keeps climbing? Yes it is. But someone explain why, because I don’t get it. What is the secret sauce.
    Any other company on the ASX releases a 4C like this one, the market would heavily punish them. But not NOR, it is up today.
    The only thing I can think of is that there is a deal in pipeline, and that information has been leaked to the market.
    ”Deals are coming” rumours are not enough, because NOR holders have been saying that for 2 years, and nothing has happened.
    A continuously rising SP shouldn’t be enough, if you don’t have the numbers in the reports to justify it.
    And yet NOR just goes up.
    How do you spell “baffled”??
    I would love to invest in a company that has a SP chart like NOR, but I’m not willing to risk my hard earned on companies that have less than a quarter of funding left.
 
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Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $23.67M
Open High Low Value Volume
5.1¢ 5.1¢ 4.9¢ $7.928K 157.0K

Buyers (Bids)

No. Vol. Price($)
6 172328 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 104690 1
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Last trade - 15.34pm 14/06/2024 (20 minute delay) ?
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