Yours was a marvelous post. Very strong sentiment. Yes NOV SP held above 20 cents longer than I expected. I thought we would be on the 10 cent thread by now but as you say timing is everything.
Xero is doing a lot more in Australia than previously which is not too good for NOV’s investment in RKN and also The other competitor is a KKR entity, Labor might be a detriment to reckon and NOV if they get up. The heavy regulation might threaten the little ones like NOV under Labor. NOV’s costs might go up exponentiallly.
If Labor get up, IMHO but pls DYODD, NOV and all other payment providers in Australia might end up like EML, and if that happens a 10 cent thread will be a wee bit optimistic for holders. GLTAH.
