NOV 2.70% 3.8¢ novatti group limited

Novatti - The $1 party, page-3443

  1. 449 Posts.
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    If thats the case, it could be finalizing the approval too. From my communication to PC on 16 Jun, he's used the words "very well progressed", "funded for the current program with the application". On the other hand, I've witness NOV sp go up massively like yesterday for no reason many times before, however, I've never seen all sellers left the queue scenery. It could be a hint of something good happening as well.

    And I agree NOV may even achieve cash flow positive sooner without the bank license. With the current sp, its pretty much value the NOV core B2B transaction business as rubbish/negative/junk/go busted tomorrow. However, the correct interpretation should be NOV is a B2B payments company with multiple revenue streams and NOV have been successful over the last 3 years at revenue growth of about 50% per annum. I have full confident to their management team. I believe there will be a good correction to its sp soon.

    . .
 
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