NAL 0.00% 0.6¢ norwood abbey limited

Norwood Abbey on the move

  1. 115 Posts.
    Norwood Abbey shares has risen over 20% in the past 5 days without any announcements to the market.Can I suggest good news is not far away.The company is waiting for fda approval for their laser drug delivery devise.May be sooner rather than later judged by the buying activity of late!!! Having researched this companies prospects I have no doubt we will see some significant gains in their share market price.They are considering listing on the Nasdaq as a duel listed stock with nearly 8% of the allocated shares owned offshore. Over the last 2 to 3 months a substantial ammount of shares were released from escrow and quite a few have been sold forcing the share price down. Selling has definately eased this week and a rebound is under way.
 
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