Yep!
I predict the cash burn, liquidity and profitability issues will improve tremendously once the banking license is either accepted or declined because:
If accepted, NOV starts generating increased revenues from this without much increased expenditure as the staff are already there. Maybe some infrastructure costs initially but that’s about it.
if declined, fire the staff and expenditure drops quite a bit.
Even if declined, I still see a strong business at play, maybe with less rapid growth compared to with a banking license, but still strong nonetheless due to great acquisitions/investments as well as strong core growth.
- Forums
- ASX - By Stock
- NOV
- Novatti - The $1 party
Novatti - The $1 party, page-3496
-
- There are more pages in this discussion • 1,175 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOV (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.6¢ |
Change
-0.006(7.75%) |
Mkt cap ! $23.47M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.4¢ | $15.12K | 235.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.065 |
2 | 90066 | 0.060 |
2 | 189303 | 0.056 |
3 | 90000 | 0.055 |
1 | 180000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 100000 | 1 |
0.079 | 38710 | 1 |
0.080 | 235399 | 3 |
0.081 | 1850 | 1 |
0.082 | 10007 | 1 |
Last trade - 13.17pm 07/10/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |