NOV 5.00% 5.7¢ novatti group limited

NOV Chart looks terrible., page-82

  1. 449 Posts.
    lightbulb Created with Sketch. 24
    Would anyone on your end go and chase up the application? Will the decision come soon (i.e. within 2 weeks)? Are there any changes?

    There have been no changes in Novatti's application which is currently being reviewed by the regulator. The banking team is in regular discussions with them. I can guarantee you that harassing APRA representatives does not speed up the application process. Several Novatti shareholders have reached out to APRA in the past few months asking (not always so politely) why Novatti has not been granted its banking licence and this does not help our case. As far as Novatti is aware, there are no changes and it could be granted within your 2 week time frame, but this is entirely up to APRA.

    This is NOV investors relation team response to my RADI enquiry last month.

 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.