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4.08%

4.7¢ novatti group limited

Ann: Annual Report to shareholders, page-5

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mika121

740 Posts.

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29/09/23

09:23

Post #: 70089872
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Originally posted by crispian: ↑

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

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IBOA is worthless until APRA grant the full bankinvg licence or rather IF the full banking licence is granted.

NOV Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.7¢		Change -0.002(4.08%)		Mkt cap ! $16.72M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.7¢	$7.198K	149.2K

Buyers (Bids)

No.	Vol.	Price($)
2	132138	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	80446	1

View Market Depth

No.	Vol.	Price($)
2	132138	0.047
1	25000	0.046
1	25000	0.045
1	22727	0.044
1	13500	0.041

Price($)	Vol.	No.
0.048	80446	1
0.050	65435	2
0.051	178836	3
0.052	17281	2
0.055	31000	1

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 4.8¢			Change -0.002 ( 4.00 %)
Open	High		Low	Volume
4.8¢	4.8¢		4.7¢	102556
Last updated 15.49pm 27/05/2024 ?

NOV (ASX) Chart