Australia's largest stock trading and investment forum Australia's #1 stock forum

NOR

Click for more information

3.13%

3.3¢ norwood systems limited

Ann: Technology Partnership Agreement with US-based Veritas, page-307

First 307 Last

Share
Profile

Follow
cocoman

13,926 Posts.

341

27/08/17

20:52

Post #: 26791461
Share

Originally posted by billy duckworth ↑

You are a great man, Coco, but I'm forced to tale issue with you here on two counts:

1. If by 0.01 you mean 0.1c (say from 1.7c to 1.6c or 1.8c), your paper loss or gain is $100,000, not $10,000. For the CEO of Norwood each 0.1c move is worth $200,000 either way.

2. The other difficulty is that if you keep buying to bolster the share price, you may be left holding the baby. Who's going to buy you out if the fundamentals aren't there ?

I suspect, though, that you meant your comments tongue-in-cheek.

Expand

Yes Billy....
Without my glasses the zeros get a bit blurry.
So at $100k per pip...there is real incentive to protect the SP.

As for holding the baby.
Well yes....that sure is a point worth noting.
If they can just keep it afloat until those BIG $$$$$$ deals come in!?!

NOR Price at posting: 1.7¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

First 307 Last

Add NOR (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $15.72M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.3¢	$170	5.145K

Buyers (Bids)

No.	Vol.	Price($)
3	193946	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	233145	1

View Market Depth

No.	Vol.	Price($)
3	193946	0.033
1	44000	0.032
1	100000	0.031
1	22000	0.030
2	110106	0.028

Price($)	Vol.	No.
0.035	233145	1
0.038	26342	1
0.039	126001	1
0.042	23833	1
0.045	34501	1

Last trade - 12.48pm 18/11/2024 (20 minute delay)

NOR (ASX) Chart