NOR 0.00% 4.1¢ norwood systems limited

Attn: Coco, Disco, Gyro et al, page-10

  1. 767 Posts.
    "market didn't think so either".

    Last trading day pre-announcement was 15-Mar - stock closed at 4.4c on 7.5m volume (ASX only).

    Day of announcement was 21-Mar - stock opened at 5.6c (23% higher than last close), reached 5.9c (30% higher than last close) and closed at 4.9c (11% higher than last close) on 33.4m volume (ASX only; 3.5x more volume than last trading day).

    Based on the evidence, the market definitely considered the announcement to be material.
 
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