NOV 4.55% 8.4¢ novatti group limited

Its definitely a hot mess. I can see Mark trying his best to...

  1. 1,036 Posts.
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    Its definitely a hot mess. I can see Mark trying his best to turn this company around. Removing Debt is the first step and also they're starting to scale. They've built an eco system and Mark is trying to simplify it. Its quite confusing on what they do and in his recent webinar they made a few changes to and had positive feedback.

    Ive seen theyre looking to add more sales team in EU. This would be good to see if they can have some success over there. P.C may have had to burn some cash to get their licneses but hopefully now we see a turn around. Hopefully we see the Bank get their ADI license. Novatti are only able to hold 19% of the bank i think? So they sill need to sell their stake. We can only assume but Im seeing P.C passing the CEO roll to focus on the bank since that was the goal from the get go

    Anyways many of us have suffered... lets hopefully see a turn around.

    Last edited by Heyza: 24/11/23
 
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