NOV 2.60% 7.9¢ novatti group limited

Ann: Half Yearly Report and Accounts, page-17

  1. 1,099 Posts.
    lightbulb Created with Sketch. 652
    crazy.
    Novatti currently priced at a $74M Market Cap.

    -Current Assets - $60M

    -Non Current Assets $35M

    = $95M

    Liabilities -

    = $51M

    however in that $51M, $41M is remittance and payable which isn't held long until processed, this is held at one particular time until clearance.

    total $85M - assets are higher than the MC.....

    not to mention $27M-$30M revenue

    Market Cap is way out of whack- ridiculously priced
    https://hotcopper.com.au/data/attachments/4127/4127048-b4a07d33fb1585a990ddc793cdc29ffe.jpg
    https://hotcopper.com.au/data/attachments/4127/4127051-56d3a807206fcdea300ffb0edea65f36.jpg
    https://hotcopper.com.au/data/attachments/4127/4127054-28bd149376a951222828f98337e16044.jpg
 
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