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4.88% 4.3¢ norwood systems limited

Thoughts for Tuesday the 10th, page-143

  1. billy duckworth
    3,389 Posts.
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    10/05/16
    20:16
    Post #: 17728592
    If the CEO is in fact the mystery buyer:

    1. He would need to declare his change in holding fairly soon - not sure how many days after purchase, but not many. Hasn't happened yet.

    2. If he purchased with knowledge of a mega-deal, ASIC would be down on him like a ton of bricks. This would also apply to an employee, although much harder to trace.

    I think we assume that the CO is not silly, and is not the buyer. He would no doubt be happy that his holding is worth $ 4 mill more than it was last week !
    NOR Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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