crikey it's not hard to see lad 20m rkn 8m cash (still losing money and i don't believe will be cashflow pos soon, no matter what mgt says) cash down to 4m 24m left doesn't get banking licence (i genuinely believe nov will never get it - I'm holding for other aspects of nov bus) negative sentiment in fintech plus neg sentiment on no bank lic plus bear market
10mil valuation on loss making business seems right
NOV Price at posting:
21.0¢ Sentiment: None Disclosure: Held
