Stayer, very well said, the other problem is that with the crypto crash a lot of Novatti’s crypto spend might be completely burnt up, stablecoin, cryptocurrency cards and blockchain payments will now be IMHO a little short of a disaster.
The burn rate May now be much higher than ever considered or recognised.
This crypto crash is probably why the NOV SP is being wiped, stablecoin, cryptocurrency, blockchain, could it be close to a wipe out?
The NOV AR looks a bit historical, with the crypto crash it is all due a reval?
UBS is also a large substantial shareholder, and the market may know what UBS does down there in Australia?
The crypto crash might hurt NOV a more than most? does anyone know an ASX stock more affected by crypto?
20 cent party, page-411
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