Ann: Appendix 4C - quarterly, page-7

@ gerrykuan - g'day!!

This 4C report was from January - March 2020, so I am not sure why it is currently being commented on?

The $10.2m from the CR will more than likely show up in this coming 4C (for April - June 2020) - as it was raised right at the end of this quarter.

At the very least, these funds will be mentioned in this 4C.

If other posters on this thread read the other recent NOV threads, they will understand that NOV report the gross cash receipts in the 4C, and then they subtract the transaction costs as a "total outgoing".

So the cash receipts do not equal to a similar revenue figure.

I am expecting a strong 4C this week despite NOV having to deal with the fallout from COVID, and if I was to guess, the figures might be something like:

Cash Receipts: $7,500k

Total Outgoings: $8,100k

Nett Outgoings: $ 600k

I also expect revenue to hit around $3.5m for this quarter - so a run rate of around $14.0m per annum going forward.

With $13m or $14m in the bank, it makes NOV look pretty cheap IMO (especially with the tailwinds of people "switching" to digital payments around the world).

Looking forward to the 4C that is due out this week.