Great interview with our CEO Peter Cook - well worth watching for all shareholders if you get 5 minutes.
He mentions that despite cash receipts & revenues still rising strongly, they started to reduce their overheads / costs late last year - after spending significant funds on building NOV's platforms, and also spending a heap of money building the banking division / banking division staff.
And he briefly mentioned Marqeta, so it sounds like that deal is / will be contributing significantly to NOV's revenues.
As always, he came across as very switched on, and super professional IMO.
Given the current SP, and all the recent great news for NOV, I purchased another 35,000 shares in NOV this morning @ 21.5 cents.
Think this will be seen as great buying in the next 6 to 12 months.
Lots of tailwinds for this business at the moment.
Ann: Corporate Presentation, page-129
Add NOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $14.94M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.6¢ | 3.7¢ | $30.29K | 742.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 99242 | 1 |
View Market Depth
| Last trade - 15.57pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
4.2¢ |
Change
0.001 ( 10.5 %) |
||||
| Open | High | Low | Volume | ||
| 3.8¢ | 4.5¢ | 3.8¢ | 311331 | ||
| Last updated 15.36pm 07/06/2024 ? | |||||
| NOV (ASX) Chart |