NOV
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2.70% 3.8¢ novatti group limited

Novatti - The $1 party, page-4007

  1. steve10
    4,872 Posts.
    lightbulb Created with Sketch. 5649
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    18/12/22
    14:09
    Post #: 65357779
    When the market realizes Fed rate rises are finished possibly early next year similar to 2019.

    Many ASX tech/growth stocks are no longer falling as much as Nasdaq/S&P500 & many are above June lows.

    NOV = $77.68M MC - $14.77M RKN - $27.3M cash = $35.61M EV / $42M revenue run rate = x0.85 extremely low. NOV will re-rate to anywhere between x3-5 x revenue run rate as market improves.

    Nil factored in for 91% ownership of the bank. NOV SP should have retraced about 35% this year but was overdone retracing about 81%.

    Barchart Technical Opinion

    STRONG BUY

    The Barchart Technical Opinion rating is a80% Buywith aStrengthening short term outlookon maintaining the current direction.

    Long term indicators fully support a continuation of the trend.


    Key Turning Points

    DAILY
    52-WEEK
    3rd Resistance Point0.243
    12nd Resistance Point0.237
    21st Resistance Point0.233
    3Last Price0.230
    41st Support Level0.223
    52nd Support Level0.217
    63rd Support Level0.213
    NOV Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.8¢ 		Change
0.001(2.70%) 		Mkt cap ! $13.51M
Open High Low Value Volume
3.7¢ 3.8¢ 3.7¢ $23.85K 639.6K

Buyers (Bids)

No. Vol. Price($)
1 80000 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 38627 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
NOV (ASX) Chart
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