NOR 0.00% 3.5¢ norwood systems limited

nah mate makes perfect sensegrowls without puting words into...

  1. 761 Posts.
    lightbulb Created with Sketch. 35
    nah mate makes perfect sense

    growls without puting words into your mouth my take is as follows

    he has bought and sold NOR shares and these are free carried. albeit one still has to buy them they financially owe him little or basically nothing so why not hold them

    they are a speccie and anything can happen with speccies especially in this current climate.

    for example and i am only postulating here but the holders of the shares may be looking for a backdoor listing for a gold play or perhaps a health play or perhaps they have a new retirement village concept or perhaps nor hit the jackpot and everyone suddenly needs voicemail etc etc

    you get my drift

    so it cost virtually nothing and he will get virtually nothing so leave it and wait. there is always the tax loss option if all else fails

    QED
 
watchlist Created with Sketch. Add NOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.