NOV 5.45% 5.2¢ novatti group limited

This is interesting .. I think a good interesting. Q. Regulatory...

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    This is interesting .. I think a good interesting.

    Q. Regulatory capital issue. Is this seperate and also returned to Novatt?

    HighlightsSale of Interest in International Bank of Australia
    ● Novatti has executed a binding agreement to sell all of its interest in International Bank of Australia for $2.87m
    ● Follows strategic review of IBOA interest finding it unlikely to contribute to Novatti’s long term financial goals
    ● Novatti's ongoing strategic review of all business units and subsidiaries is expected to identify further opportunities for optimisation and divestment
 
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