NOV
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0.00% 5.5¢ novatti group limited

Ann: December Quarter Results Presentation, page-41

  1. shamall
    393 Posts.
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    07/02/24
    12:48
    Post #: 72282666
    After I spoke to them on the phone the company assured me they had no liabilities for IBOA. It is self funded and managed and responsible for paying any debts/getting finance whilst NOV retains around 90% stake in the bank. If true, then this is one drain on finances we don't need to worry about and is still a possible income generator down the track. IMO
    NOV Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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