NOV novatti group limited
Add to My Watchlist 3.70% ! 2.6¢

Amazing news for NOV. This investment has turned out to be a...

  1. SkyLimit
    345 Posts.
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    20/05/22
    09:29
    Post #: 61516333
    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!
    NOV Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
2.6¢ 		Change
-0.001(3.70%) 		Mkt cap ! $14.39M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $27.64K 1.183M

Buyers (Bids)

No. Vol. Price($)
2 14000 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 236752 2
View Market Depth
Last trade - 16.10pm 15/07/2025 (20 minute delay) ?
NOV (ASX) Chart
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