NOV 2.44% 4.2¢ novatti group limited

Ann: 1st Investment Round in Banking Services Unit, page-4

  1. 330 Posts.
    lightbulb Created with Sketch. 57
    A lot to like here.

    The banking subsidiary has a valuation of $20m at this stage. Means the market is maybe valuing NOV's payment processing arm which has been growing nicely at a meter $10m based on Mcap.

    Great announcement.
 
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