NOV 1.43% 6.9¢ novatti group limited

Ann: June Quarter Results Presentation, page-16

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  1. 1,036 Posts.
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    Very frustrating that the cash burn is still up, but they did mention that they have lost one of their international clients? They're still doing good regardless of this, the new CEO feels very motivated to turn this company around. As for IBOA seems like they're getting the ball rolling, great to see they have some MOU's in play and he did mention in that they're progressing well and they're rolling out their core banking platform. I also found this, the CEO sounds very motivated and can see a lot of potentional in Novatti. We could see the turning point here
    https://www.bankingday.com/novatti-game-for-payments-fight
 
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