NOV
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2.70% 3.8¢ novatti group limited

I’m not surprised…. Many of us are down 80% and there’s only so...

  1. Milsirhc
    109 Posts.
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    17/02/24
    14:04
    Post #: 72460133
    I’m not surprised…. Many of us are down 80% and there’s only so much money you can keep putting into something that hasn’t manage to achieve their goals.

    aiming for cashflow positive has been in so many slide deck that I’ve lost count.

    I guess if they do achieve cashflow positive like they said by mid this year, potentially the SP will move up with it but honestly, not sure how they can achieve that with that large cash burn atm.
    NOV Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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