Your comments, correlations, corrections and challenges most...

Your comments, correlations, corrections and challenges most welcome on the below points.

Discussion, dissections and disagreements also.

Cheers Anton


As of June 2024, Novatti Group Limited (ASX: NOV) has approximately 355.75 million shares on issue.

I

Comparison Between Market Cap and Asset Value

Current Market Capitalization:

• AUD 13.5 million .

Estimated Value of Key Assets:

1. Basis2: $15 million to $25 million

2. Emersion Systems: $50 million to $100 million

3. AUDD Stablecoin: $2.4 million to $3 million

4. International Bank of Australia (iBOA): $50 million to $200 million

5. ChinaPayments: $50 million to $100 million

6. Novatti Billpay: $15 million to $25 million

7. Verv: $10 million to $20 million

8. ATX Malaysia: $15 million to $30 million

Total Estimated Value of Assets:

• Summing up the midpoints: $355.2 million

Difference Between Market Cap and Estimated Asset Value:

\text{Difference} = \text{Total Estimated Value of Assets} - \text{Current Market Cap}

\text{Difference} = 355.2 \text{ million AUD} - 13.5 \text{ million AUD}

\text{Difference} = 341.7 \text{ million AUD}

This significant difference suggests that the market might be undervaluing Novatti Group relative to the value of its underlying assets. The undervaluation could be due to factors such as market sentiment, financial performance, or operational challenges.

PS. There is also a nominal value in having a carrried forward tax loss of - $80 million ..