Amazing news for NOV.
This investment has turned out to be a stroke of brilliance.
NOV invested approximately $23 million to obtain their 19.8% stake in RKN. As of right now, that stake is worth just shy of $30 million.
Not to mention the potential $10 - $20 million special dividend on the way to NOV.
Not only has this investment been financially beneficial, NOV have been able to secure a business partnership with RKN. NOVs business partnership is unaffected by the sale, as stated in the announcement.
Great work by NOV and RKN!
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- Ann: Reckon Sells APMG Business for $100m
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $17.78M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.0¢ | $6.841K | 134.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37410 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 5933 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37410 | 0.050 |
2 | 180000 | 0.048 |
2 | 71739 | 0.046 |
1 | 170000 | 0.043 |
4 | 137229 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 5933 | 1 |
0.055 | 117000 | 1 |
0.056 | 110000 | 1 |
0.057 | 10000 | 1 |
0.058 | 120000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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