NOV 7.89% 4.1¢ novatti group limited

20 cent party, page-390

  1. 854 Posts.
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    I guess it comes from whether the company is aggressively invested in the growth phase or not. I would recommend you to watch the investor presentation if you haven't.

    If there is a good opportunity at acquiring a company that has good finanicals, it maybe worthwhile to acquire funds as per the document. Peter has already said that he has no intention to capital raise in the short-medium term. In fact he sees no need to given the continuous growth/increase in revenue + foreseeable reduction in cost/expenses.
 
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3.9¢ 4.1¢ 3.9¢ $5.7K 143.6K

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4.1¢ 74239 2
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