NOR 0.00% 4.5¢ norwood systems limited

General Comments, page-8129

  1. 7,323 Posts.
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    "You falsely state Casey's offloading a big position, plummeting the price"

    Never let facts get in the way of a good ol' conspiracy theory.

    Fact 1:
    Casey became a sub-holder on 23/3/20. His average buy was 0.0345. His first purchase was pre-Covid in 2019 at 0.033. He continued driving the SP up to 0.049 pre-Covid. NOR is illiquid; when a big buyer accumulates, it inflates the SP. Where have we seen this play again?

    Fact 2:
    Casey added another 4.5m on 9/10/20 at an average of 0.035.

    Fact 3:
    Casey ceased to be a sub-holder on 28/6/21 at a net average SP of 0.014.

    Fact 4:
    Between the ceasing notice and disappearing from the T20 holdings... NOR hit even lower than Casey's net average sell of 0.014.

    The facts of the matter remains:
    1. When a big holder bails out, the SP crashes as NOR is relatively illiquid
    2. There's nothing to suggest a big holder was seeking to shell NOR. It is illogical and without any merit.

    "I believe Doz had proof of the "wash trades", shares being moved to drive the price down"

    You are the one who always talks about defamation and here you are claiming Doz has evidence of a crime. I believe you left out a key word: "allegedly".

    All imo... except the data relating to Casey sub-holder notices as released via the ASX.

    PS Thanks for the sledges. They always make me smile as I realise the effect of my factual posts irk you as I dispel you conspiracy theories.
 
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Buyers (Bids)

No. Vol. Price($)
1 50000 4.2¢
 

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Price($) Vol. No.
4.4¢ 70102 2
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