As I have been revisiting the half-yearly accounts, another tidbit i forgot was that the Reckon investment was written down by $1.6 million to $20.9 million (broadly 22.5 million shares @ $0.93 each).
At 30 Jun 2022 - this value was 22.5 million x $1.20 = $27 million. So a paper profit of $6.1 million for the second half of the year, and $4.5m for the full year on this investment (excl. dividends) which will help end of year accounts. But ultimately doesn't mean a hell of a lot as there will still be a solid loss for the year as a whole.
NOV Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
