Ann: Novatti achieves Visa Principal Status, page-11

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NewbieHK

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10/09/19

22:02

Post #: 40372177
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Originally posted by Brett M H: ↑

@ NewbieHK - clearly you can see into the future

Can you please tell me what other stocks are just about to move!!

Be interesting to see if NOV can form strong support around this level (or above) - everything points to this being an excellent medium to long term hold.

Especially with a market cap of under $40m.

I have been invested here for around 2 years now - and have "kept the faith" despite the ups and downs of the SP.

Not many shares on issue, tightly held register, and have been steadily growing revenues (got up to around $2.5m last quarter from memory).

But they haven't managed to turn that into profitability just yet (largely due to ramping up "experienced banking" staff numbers to prepare for the ADI).

Will need to raise some capital at some point - but it would be good to get some serious SP appreciation before this happens. They seem to have plenty of capital to get the ADI first - so I suspect this is what Peter / management are thinking.

Should be an exciting few months for NOV.

Expand

ha ha ha...just nice to see some green in my portfolio. Have another in the portfolio looking like it's ready to go (K2F) but from memory I think you are in it already. Like you I have been a patient investor in this one

Last edited by NewbieHK: 10/09/19

NOV Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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Add NOV (ASX) to my watchlist

(20min delay)
Last 5.6¢		Change 0.003(5.66%)		Mkt cap ! $19.21M

Open	High	Low	Value	Volume
5.3¢	5.7¢	5.3¢	$4.827K	88.03K

Buyers (Bids)

No.	Vol.	Price($)
4	18642	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	7087	1

View Market Depth

No.	Vol.	Price($)
4	18642	0.054
1	12000	0.053
2	55358	0.052
1	20018	0.050
1	50000	0.049

Price($)	Vol.	No.
0.056	7087	1
0.057	39961	1
0.060	136837	2
0.070	100000	1
0.076	72036	1

Last trade - 13.43pm 18/09/2024 (20 minute delay)

NOV (ASX) Chart

Ann: Novatti achieves Visa Principal Status, page-11

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Ann: Novatti achieves Visa Principal Status, page-11

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