NOV 0.00% 3.2¢ novatti group limited

Ann: Appendix 4C - quarterly, page-52

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,317 Posts.
    lightbulb Created with Sketch. 82
    I agree - but watching that revenue soar quarter after quarter...

    That’s the thing with cashflow though - you can fudge contracts or even revenue inflows - as we know, cash is king - it is the one major thing you look at - and they will be generating it, very hard to fake that one.

    It’s not like the market has completely ignored it - it’s up 100s of percent - but with a MCap of close to $80 mill, cash in bank and a current revenue run rate of $34 mill - and 100% growth last quarter...hmm

    My guess it the real reticence could be what is happening with crypto markets, but if if you look at Stellar Lumens as one example - the price today after these massive falls is still significantly up on the average of last quarter!

    It appears only a proportion of this companies revenue is generated there, and would be more tied to transaction volumes than the price of Bitcoin
 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.000(0.00%)
Mkt cap ! $22.41M
Open High Low Value Volume
3.2¢ 3.2¢ 3.1¢ $14.75K 461.2K

Buyers (Bids)

No. Vol. Price($)
12 799316 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 917481 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NOV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.