NOV
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9.52% 4.6¢ novatti group limited

Ann: RKN: Reckon and Novatti - Payment Solutions, page-7

  1. mockage
    275 Posts.
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    14/05/22
    16:55
    Post #: 61409756
    Actually - correction, after reading the announcement again.

    The companies are going 50/50 in the "gross margin" - which presumably is after deduction of Visa/Mastercard wholesale fees (e.g. scheme fees) and maybe some other 'at source' costs. So the processing revenue split will be skewed slightly towards Novatti, but am expecting this to be a smallish skew like 55/45.


    NOV Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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