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4.7¢ novatti group limited

Another question to ask. If IBOA does IPO, will Novatti share...

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Heyza

1,036 Posts.

157

06/11/22

23:51

Post #: 64617905
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Originally posted by Hecticpharmer: ↑

Another question to ask:

The difference between
1) Novatti B Holding Company Pty Ltd
2) Novatti IBA Pty Ltd which is now known as International Bank of Australia Pty Ltd

Back in Oct 2021, Novatti bought back the 19.9% of shares back from BC Invest (where they bought in during the seeding round in May 2021) and hence Novatti now owns 100% of Novatti B Holding Company Pty Ltd.

Edit:
Upon further digging, Novatti B Holding Company Pty Ltd is now IBOA Group Holdings Pty Ltd (ABN: 35 631 278 736). Per APRA's announcement, IBOA Group Holding Pty Ltd acts as the non-operating holding company.

Back in May 2021, announcement stated that NBHC (Now the IBOA Group Holding Pty Ltd) had received interest for $13 million in investment as part of the Series A funding round. Now the question would be, are these $13 million guaranteed (or still available) and if Novatti and BC Invest will action on the previously promised $3 million and $2.5 million respectively.

Tomorrow's presentation will be interesting.

Expand

Another question to ask. If IBOA does IPO, will Novatti share holders have a piece of IBOA? If you don't mind asking if we can, not sure if I'll be awake for the Webinar!

Last edited by Heyza: 06/11/22

NOV Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.7¢		Change 0.000(0.00%)		Mkt cap ! $16.72M

Open	High	Low	Value	Volume
4.7¢	4.7¢	4.7¢	$1.175K	24.99K

Buyers (Bids)

No.	Vol.	Price($)
2	75163	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	75163	0.045
2	102979	0.041
2	37500	0.040
1	154800	0.039
1	15000	0.038

Price($)	Vol.	No.
0.050	10000	1
0.052	60000	1
0.055	93350	2
0.059	20007	1
0.060	5000	1

Last trade - 10.17am 08/08/2024 (20 minute delay)

NOV (ASX) Chart