NOV 2.60% 7.9¢ novatti group limited

Novatti - The $1 party, page-3119

  1. 1,046 Posts.
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    Well said ... this is an oppurtunity to get in on the ground floor .. without going into more calcs .. and factoring in the extra margins from principal licences and the growth from ATX my target is $2 per share in 3 years with the business as it stands. If you can ballpark assume the RKN business will increase revenues substantially, $2.50 possible. The banking licence is the unknown, but looking at JDO and others i would be surprised it doesnt add a buck in a year after issue. So make of everything what you will. But i would love to look back in a few years and see us at $3 .the costs in getting this licence are obvs a lot but thus will be repaid in multiples within 6 months. Full faith in Peter and his team, there is a lot going on here and i wont be selling for a few years. And with the hiding the yanks got yesterday, i will buy more tomorrow if we get sold down
 
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