Imagine what would happen to the SP of an illiquid stock if someone suddenly wanted to buy just 1m..
Especially a stock like Nor, with such a high % of tightly held stock, with holders like myself. Not to mention directors buying up truckloads, promising AGM and other recent ann's.
$100m MC in my opinion would still be unders, with another single deal with a major Australian telco, well beyond Spark $.. then consider how many further deals with internationals could soon follow.
There must be very good reason mobs like metaswitch (microsoft) and Infosys are properly involved with Nor.
All my opinion
Positive news flow, page-2731
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4186 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 123849 | 1 |
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| NOR (ASX) Chart |
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