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Joseph_C

244 Posts.

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13/03/18

10:01

Post #: 31705978
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Originally posted by growler1969 ↑

It is a case of rinse and repeat here.

NOR , imo, always seem to be able to raise via sophs who seem happy to gain by buying at a discount then waiting to offload during a price sensitive announcement soon after for profit. Symbiosis.

Cases in point:
16/11/17 CR
21/11/17 Norwood partners with Visa https://www.asx.com.au/asxpdf/20171121/pdf/43pds7s62291by.pdf

05/04/17 CR
19/04/19 Revenue Stream from Commsys Agreement Commences
https://www.asx.com.au/asxpdf/20170419/pdf/43hllcjmybnbcl.pdf
28/04/17 Norwood Expands Client Relationship with Oceaneering
https://www.asx.com.au/asxpdf/20170428/pdf/43hvd5vhyddf2t.pdf

15/06/16 CR
11/07/16 offer closing date extended
14/07/16 First Corona Cloud and Corona GTS sales achieved
https://www.asx.com.au/asxpdf/20160714/pdf/438kfgz0w9sjlf.pdf

Quick quiz for those playing at home: did any of those price sensitive announcements amount to adding to LT revenue/profitability/viability?

Imo, the only losers in Norwood are:
1. Loyal LT holders
2. Those who bought high during the WP frenzy in late 2015/early 2016
3. Those who continue to average down
4. Those who do not get access to the soph placement offers
5. Those who may fall into each category above.

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NOR Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $19.00M

Open	High	Low	Value	Volume
4.0¢	4.2¢	3.9¢	$12.09K	305.5K

Buyers (Bids)

No.	Vol.	Price($)
2	145000	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	123849	1

View Market Depth

No.	Vol.	Price($)
2	145000	0.038
2	700000	0.037
1	125000	0.036
2	537680	0.035
4	835000	0.030

Price($)	Vol.	No.
0.041	123849	1
0.043	1630000	2
0.046	46559	2
0.047	72500	1
0.050	35001	2

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