NOV 5.00% 5.7¢ novatti group limited

takeover target, page-6

  1. 668 Posts.
    lightbulb Created with Sketch. 82
    probably a good thread to post this - for a willing buyer - at todays prices your essentially getting the whole company for $22M ( or 7 cents out of the 19c SP). the other 12c is supported as below.
    Item$Bitmap







    20% Investment in ASX RKN at market value 22,518,138 x 59c SP$13,285,701.42






    RKN special dividend received (57cents per share)
    60% franked therefore 0.7166 GROSS DIVIDEND
    Amount - 22,518,138 x 0.57
    $12,835,338.66






    22,518,138 x 0.1466 Franking credit (non refundable but a future benefit to NOV)$3,301,159.03






    cash balance end of Q1 FY2023 (September 2022)$14,500,000.00






    you could be conservative and remove $2M in estimated net cashed used in operations for Quarter ending 31 December 22 (since we wont know until end January) based off the trajectory of previous quarters and being conservative-$2,000,000.00






    TOTAL$41,922,199.11















    TOTAL Mkt cap$64,300,000.00






    SP0.19






    above as percentage of market cap65.20%






    above items represented in Share price$0.12






    Entire actual business valued by Mr. Market at remaining$0.07






    or $22.37M








    https://hotcopper.com.au/data/attachments/4958/4958922-09f7a3c1fa6fb0b4dbcdcb57e4fb48c0.jpg
 
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Last
5.7¢
Change
-0.003(5.00%)
Mkt cap ! $20.27M
Open High Low Value Volume
6.0¢ 6.0¢ 5.5¢ $3.037K 52.29K

Buyers (Bids)

No. Vol. Price($)
1 10000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 15000 2
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Last trade - 14.50pm 26/07/2024 (20 minute delay) ?
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