NOR norwood systems limited

NOR Holders Thread - Revenue & Rewards Time!, page-56

  1. 81 Posts.
    lightbulb Created with Sketch.  9
    @Creature.... please help me with the below sequence of statements

    Not too long ago you were preaching no news coming, company is trash, everybody get out.

    CR gets announced and response is News may be coming but will almost certainly result in a "pump & dump" scenario

    Fully Underwritten SPP gets extended, hinting there may indeed be good news to come, and you state this.
    "I will be skeptical of any news that is announced given the past"

    Even in the unlikely case (according to you) the announcement is more than just fluff for the sake of CR.... you cover with:
    "If expectations haven't been met over the last two years, what makes this week any different? As I've shown, even if an announcement gives a revenue figure, NOR never actually achieves the figure."

    Momentum of potential news keeps building, leading to this statement:

    "If they announce a $2 million deal now, how can you be sure that's actually real?"

    And now, finally, the lowest point and desperate attempt by far:

    "So three weeks. Within that time, NOR will have finished the SPP, released the March quarterly, and maybe even announced some deals.

    However, if NOR has breached ASX Listing Rules 3.1, then I wouldn't want to be holding any of their shares."


    My summary of the above reads as follows:
    1: Company is trash, never achieve any revenue generating deals
    2: Company is trash, but may release some pointless news to help CR
    3: Company is trash, but may indeed release some positive news
    4: Company is trash, but may release a $2M deal. This however can't be trusted.
    5: Company could release positive news, large dollar figure could be attached, may even be genuine, but in 15 days ASIC/ASX will probably come down on them like they did GSW and BIG.


    Just clarifying then, according to you, there is no scenario what so ever, where this company can turn around and deliver some value to holders?
    In fact, it almost sounds like all holders have 15 days to sell out or face the consequences?
    Was this the intended message or do I have it wrong?





 
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Last
2.7¢
Change
0.002(8.00%)
Mkt cap ! $14.14M
Open High Low Volume
2.6¢ 2.8¢ 2.6¢ 4.109M

Buyers (Bids)

Vol. Price($)
1110057 2.6¢
 

Sellers (Offers)

Price($) Vol.
2.8¢ 354403
Last trade - 12.31pm 03/07/2026 (20 minute delay) ?
NOR (ASX) Chart
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