I invested in this stock in mid/late 2017 and paid 21.5c per share. 2 years on and its 15c. I realise its a penny stock but management had done well up until that point and everyone was saying good share to buy. Price growth continued with good shareholder value and then it tanked. What has changed? Norseman? Management?
I hope management check shareholder/investor forums like HC and see some shareholders are disappointed. Good management improves shareholder value. I was lucky it was only a small parcel.
I may take a capital loss long term that reflects badly on my investment IN POOR QUALITY MANAGEMENT.
Hopefully they turn this ship around!
Ann: Quarterly Activities Report & Appendix 5B, page-47
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $742.2M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $461.8K | 4.044M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 3245131 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 37971 | 2 |
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| PNR (ASX) Chart |