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
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
- Forums
- ASX - By Stock
- Novatti - The $1 party
When the market realizes Fed rate rises are finished possibly...
-
- There are more pages in this discussion • 664 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
6.5¢ |
Change
-0.006(8.45%) |
Mkt cap ! $23.12M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.4¢ | $23.22K | 361.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48465 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48465 | 0.062 |
1 | 40000 | 0.060 |
2 | 189303 | 0.056 |
3 | 90000 | 0.055 |
1 | 180000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 100000 | 1 |
0.070 | 50000 | 1 |
0.079 | 38710 | 1 |
0.080 | 235399 | 3 |
0.081 | 1850 | 1 |
Last trade - 15.59pm 07/10/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |