NOR 2.08% 4.7¢ norwood systems limited

It is interesting how the not held syndicate quickly turn up to...

  1. 481 Posts.
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    It is interesting how the not held syndicate quickly turn up to ensure the nor thread's last post is always trolling.. as if following the Awol king's demands with the usual loyalty to the cause.

    Whoever decided to place the 200k sell at 5c...
    Seriously, if not intending to help accumulation below 5c, can you not see what placing sell orders does, over the last week or so?

    As soon as it was placed, the pros and bots have traded within that 4.7-4.9 range, and you get 1 share sold 3x now!
    They want your order there, and someone has gone hard-core with the 5.5c stack lol.

    If you really want to sell 200k, IMO you would be much better off making it 49997 @ 5.4 in case we see a bit of a run.. let it climb back in to the 5's, drop some from off-screen if you really want to lose some before major tier 1 telco deals and hyperscaler co-announcements stated in the quarterly, any day or week now!

    Hopefully Nor has something to do with Microsoft Build this week, in a couple of days time (3 day event). Otherwise, hopefully another upcoming hyperscaler event.
    Strange anyone would want to sell ahead of the tier 1 contracts too.. unless the 200k is actually sitting there to help accumulation, with very few sellers for a long time now.

    I wonder if the bot accumulation in recent weeks is the same big player g called "dumb" for buying up in the 3's and up...
    Last edited by Cotchy: 20/05/24
 
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