NOV 0.00% 3.4¢ novatti group limited

I had previously done as you suggested but cross-analysis of...

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    I had previously done as you suggested but cross-analysis of previous license grants is rendered a moot point by Covid.

    As I mentioned in a previous post, APRA have clearly stated the issuing of banking licenses is suspended til at least September 2020.

    The APRA announcement dated Wednesday 8 April 2020 mentions an "at least six months" delay in the issuing of new licenses, which translates to a 12 week wait at best.

    As LCH pointed out earlier, it's unlikely APRA will rush the process to appease shareholders.


    https://www.apra.gov.au/news-and-publications/apra-temporarily-suspends-issuing-of-new-licences
    Last edited by DocTango: 24/06/20
 
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