NOV
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5.56% 5.1¢ novatti group limited

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

  1. Brett M H
    1,607 Posts.
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    11/08/20
    09:42
    Post #: 46443758
    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.
    NOV Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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