NOV 5.56% 5.1¢ novatti group limited

Ann: Update on APRA Bank Licence Issuing, page-2

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    So APRA have now advised that they have again commenced issuing banking licences.

    And that new licences (like NOV's RADI) will commence being issued in March 2021 - in around 6 months time.

    Whilst all NOV shareholders would like it to be issued sooner, at least this announcement gives some certainty to the timeline - so I am taking that as a positive.
 
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