Yes ik it's its own entity now, but NOV would (or at least should) still be planning to make money off of it's operations and dealings with migrants. The fact that it wasn't mentioned as a focus is odd to me. Perhaps because it's still 18 months away.
Instead they think growth will come from AU/NZ?
They also aren't mutually exclusive. NOV can be letting the bank do it's thing on the side, while also still continuing their focus on overseas dealings as they previously have done and proven, as international dealings is our highest revenue % of the 4 categories listed in the presser. Why the sudden change in direction to AU/NZ?
Does this mean they also aren't working on anything else regarding ATX? or they don't foresee as much growth there anymore?
All I'm saying is that it seems like quite a big change in strategic direction, without much explanation or comment as to why? only the standard spiel of "we foresee good growth in these markets"
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