When the market realizes Fed rate rises are finished possibly early next year similar to 2019.
Many ASX tech/growth stocks are no longer falling as much as Nasdaq/S&P500 & many are above June lows.
NOV = $77.68M MC - $14.77M RKN - $27.3M cash = $35.61M EV / $42M revenue run rate = x0.85 extremely low. NOV will re-rate to anywhere between x3-5 x revenue run rate as market improves.
Nil factored in for 91% ownership of the bank. NOV SP should have retraced about 35% this year but was overdone retracing about 81%.Barchart Technical Opinion
The Barchart Technical Opinion rating is a80% Buywith aStrengthening short term outlookon maintaining the current direction.
Long term indicators fully support a continuation of the trend.
Key Turning Points
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- Novatti - The $1 party
Novatti - The $1 party, page-4007
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $20.27M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.5¢ | $3.037K | 52.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 15000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.054 |
1 | 85000 | 0.053 |
1 | 135000 | 0.052 |
4 | 80000 | 0.050 |
2 | 299167 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 5000 | 1 |
0.063 | 27000 | 1 |
0.064 | 10000 | 1 |
0.065 | 20000 | 1 |
0.068 | 21741 | 1 |
Last trade - 14.50pm 26/07/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |