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5.63%

6.7¢ novatti group limited

Pete provides a quarterly update and Novatti are involved in...

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2,107 Posts.

234

21/03/22

18:08

Post #: 60324819
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Originally posted by kka4eddie: ↑

thanks. I m no expert. I understand sp may not reflect mc. Also sp should have its correction in the longer term closer to its mc. But it’s still very hard for me to digest the sp decline 70%+. I’ve asked myself a few questions today.

Do I think the current sp a good entry point? Yes absolutely strong buy now.

Do I see the sp fall further in the short term? No not really but the recent decline from 30 cents drove me nuts. Seems nothing impossible.

has the fundamental change?
yes better and better.

If I don’t have any holdings, will I buy now?
Yes.

why am I worry then?
man, it’s been massively declining in the last nine months. Regal and others exited their position at a loss. NOV investors relations team seems very comfortable with their sp massive decline. That’s really worry me.

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Pete provides a quarterly update and Novatti are involved in many innovative online meetings and chats. I would personally prefer they continue to focus on the business and let the numbers, growth, product and innovation speak for itself. I personally don't want to see spruiking and undeserved rise in sp as that is what occurred to get us to this point thru APT hype train.

NOV Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.7¢		Change -0.004(5.63%)		Mkt cap ! $23.47M

Open	High	Low	Value	Volume
6.6¢	6.7¢	6.4¢	$15.11K	235.6K

Buyers (Bids)

No.	Vol.	Price($)
2	5815	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	33248	1

View Market Depth

No.	Vol.	Price($)
2	5815	0.061
2	90066	0.060
2	189303	0.056
3	90000	0.055
1	180000	0.054

Price($)	Vol.	No.
0.068	33248	1
0.069	100000	1
0.079	38710	1
0.080	235399	3
0.081	1850	1

Last trade - 12.24pm 07/10/2024 (20 minute delay)

NOV (ASX) Chart