note 29 - interest in subsidiaries
if Novatti sold 9% of IBOA for $3m, that should make the remaining 90% $30m, which is close the the entire market cap of Nov now.
understand that was sold during better times. so even we apply a 50% haircut, that should still leave IBOA to be worth at least $15m.
so doubt the Banking Day article that Nov will be handing back the license for free.
let's hope NOV gets a good price for IBOA, if they are indeed trying to flog it off.
time will tell
note 29 - interest in subsidiariesif Novatti sold 9% of IBOA for...
Add NOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $18.46M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 5.0¢ | $4.56K | 88.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47683 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 51900 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.0¢ |
Change
0.002 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 5.2¢ | 5.2¢ | 5.0¢ | 63486 | ||
| Last updated 12.27pm 13/05/2024 ? | |||||
| NOV (ASX) Chart |