NOV 7.89% 4.1¢ novatti group limited

Ann: Trading halt, page-12

  1. 345 Posts.
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    Lets not underestimate how good this news is.

    NOV invested $23 million in RKN, as of right now those shares are worth approximately $29.7 million. Not to mention the potential $10 - $20 million dividend coming our way.

    From memory, NOV has already been recieving dividends from RKN with a value of approximately $600k.

    This has been a brilliant investment for NOV. Not only have we capitalised on a business partnership with RKN, but now have a large cash flow behind us.

    Crazy to look at the above numbers and then realise NOV market cap is currently only $67 million. We arnt even discussing ongoing revenue and other assets.
 
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Last
4.1¢
Change
0.003(7.89%)
Mkt cap ! $14.58M
Open High Low Value Volume
3.9¢ 4.1¢ 3.9¢ $5.7K 143.6K

Buyers (Bids)

No. Vol. Price($)
1 24799 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 74239 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
NOV (ASX) Chart
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