NOR

0.00%

3.2¢ norwood systems limited

At last our favorite downramper has bought another share...

First 24 Last

Share
Profile

Follow
discovery4

9,426 Posts.

1022

15/07/16

19:40

Post #: 18282689
Share

Originally posted by brentv ↑

I think your 100% correct Cbyrne.

I would say that ann was thrown together fast over the last day or 2 working long late hours. Perhaps the 6 million droped and sour investor mood the previous days made them fearful of a SP collapse this week or at least worthy of some insurance against it.

Remember the ann to extend was made on Monday the 11th and it's likely the decision to extend the CR was made at least several days before that. They must have understood that a significant carrot was needed to push the SP enough to get bums on the CR offer.

So..... if we know that the last ann was made quickly with less information then we all hoped, and we know NOR knows it needs a big carrot for the CR to float, and we know that NOR has known this for the last 2 weeks.

Is it possible that the last ann was not really the one they had in mind to really move the SP north for the CR but just to calm any panic this week ?

Again if you look at the device scap ann it would also fit the above category of ann. Hardly the sort of thing you would hang your hat on to rally the troops.

Slim argument on the thinnest of margins and perhaps clutching and straws I admit. But what else do we have to do right now ?

Perhaps it does not really matter. They have enough to push forward the next quarter regardless.

Onwards and upwards at any rate

Expand

At last our favorite downramper has bought another share MBE.Please set a stop loss this time.

NOR Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

3DA

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

TYX

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

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

First 24 Last

Add NOR (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change 0.000(0.00%)		Mkt cap ! $15.24M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	46822	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	233145	1

View Market Depth

No.	Vol.	Price($)
2	46822	0.032
2	114106	0.031
2	35400	0.030
1	96000	0.028
1	180000	0.027

Price($)	Vol.	No.
0.035	233145	1
0.038	26342	1
0.039	126001	1
0.040	123849	1
0.042	23833	1

Last trade - 16.12pm 15/11/2024 (20 minute delay)

NOR (ASX) Chart

Day chart unavailable

At last our favorite downramper has bought another share...

Cyclone signs MOU with Vale for development of Iron Bear play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

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

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Banshee's historic trenches prove rich in antimony and gold for GDM

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

At last our favorite downramper has bought another share...

Top Stories

Cyclone signs MOU with Vale for development of Iron Bear play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

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

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Banshee's historic trenches prove rich in antimony and gold for GDM

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News