Agree. Good move towards cashflow positive. Currently not a good capital raising environment for small ASX stocks.
Emersion systems next. Then a reduction in the % of Novatti ownership of AUDD and IBOA.
Moving back to the core payment processing business and towards scaling. Selling RKN creates a reduction of 1.1 m in annual interest which contributes towards the move to cashflow positive.
I think some posters need to decide what they are doing in this stock and on this thread. Make your mind up what you wish for. This is not CSL. Go chase a dividend stock or be patient and stop pretending you are experts.
Cheers Anton.
PS. And I’m holding a heap of this stock currently below my entry cost.
NOV Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
