Let's break down your post part by part. I think you are getting really frustrated and I suggest you to reassure yourself why you jumped in to NOV at the beginning. If you have the mentality to jump in back in 2016, I don't understand why you don't think NOV is undervalue now.
"Reckon is a small business accounting software and should add value, but is it reflected in their revenues?"
- They have only started to integrate their systems, how long do you expect this to be reflected in the revenue, 5 hours? 5 days? or at least give it a few months to make a conclusion, especially in the 4c. Please ask yourself that question, I assume you are not a 5 year old kid.
"From their last 4C, which by the way helped shareholders how? 50c CR was used how?"
- Your question here doesn't even make sense. If your question is referring to how the 55c CR was used and helped shareholder, then I can tell you the 55c CR helped with the purchasing of 19.9% of RKN, which then they used it to leverage for an extra 10m cash without diluting shares (this has definitely helped shareholders in an indirect way). If you don't think this is a smart move, I suggest you to visit the forum of (a beverage company on ASX that doesn't really respect the SH).
-The 19.9% RKN has generated about $14mil of dividends, so practically they turned the CR into already "$14mil of extra non-recurrent income", indirectly helped them to not needing to CR via shares dilution
"Maybe I'm being impatient"
- You definitely nailed this part!
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $18.85M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $3.49K | 65.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 34355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5882 | 0.051 |
1 | 20018 | 0.050 |
1 | 50000 | 0.049 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 34355 | 1 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
0.076 | 72036 | 1 |
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