Yes, on the surface it looks good but the bottom line disappoints again. I contacted them for an explanation on how revenue can go up and expenses down and still end up with a bigger loss. Anyhow, it seems they are deferring some cost savings such as the reduction in headcount/streamlining of services.....don't ask me to explain the reasoning of this or how it works. Anyway, I think they are putting all the bad eggs in this result and hoping to show a massive turnaround in H2 where a number of cost savings will be included. Time will tell but I will wait and see how this ends with the H2 results.
- Forums
- ASX - By Stock
- NOV
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-6
Add NOV (ASX) to my watchlist
|
|||||
Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.14M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 5.0¢ | $4.95K | 98.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 66700 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 80000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 66700 | 0.045 |
1 | 91095 | 0.044 |
1 | 11627 | 0.043 |
2 | 197202 | 0.041 |
3 | 80000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 80000 | 1 |
0.059 | 38325 | 1 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
NOV (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online