Keep in mind guys APRA have continuously changed the...

Keep in mind guys APRA have continuously changed the requirements of the approval process.
Part of the requirements were the entity had to own or currently be profitable and paying dividends in the portfolio - Reckon filled that box, they also recently received $675K dividends onto the books which ticks that box.
They also needed to have a banking loan book/Portfolio - BC banking invested into Novatti and currently have a Loan book of $1B Approx- this is now part of Novatti also.

Be patient, we have been provided an end date (November) it’s only 6 weeks away, long holders haven’t shared the same concerns, the company haven’t let anyone down once.

APRA also keep in contact with applicants in case an updated change comes into place.

I do know one thing - APRA RADI licenses are going to be near impossible to be approved for moving forward, we are extremely lucky to even get a look in this early with a companiy being approved for this license