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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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $17.43M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 4.9¢ | $4.003K | 79.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8363 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 10593 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8363 | 0.049 |
1 | 10416 | 0.048 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
1 | 11627 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 10593 | 1 |
0.052 | 50000 | 1 |
0.053 | 62303 | 3 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
Last trade - 15.43pm 02/09/2024 (20 minute delay) ? |
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NOV (ASX) Chart |