NOV
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3.85% 5.0¢ novatti group limited

Can I ask why do you suggest this. As far as I am aware there...

  1. Anton
    958 Posts.
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    18/06/24
    11:13
    Post #: 74366447
    Can I ask why do you suggest this.

    As far as I am aware there are no loans. If stated reduction in expenses as suggested are met this quarter - my guess is around -$2 to -$2.5 (I have excluded IBOA costs as from last qtr) then it is possible with the already stated increase in sales announced to make it to cashflow positive..

    Yes share price is down. Yes I’m still in the stock. Yes I am optimistic. DYOR.

    Cheers Anton
    Last edited by Anton: 18/06/24
    NOV Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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