Can't believe that we are back at a SP of $0.23 after that last run!!
Albeit on tiny volume.
NOV forecast strong growth for this current quarter in their last quarterly report - be interesting to see what their processing revenue is this quarter?
July to Sept 2017: processing revenue approximately $175K
Oct to Dec 2017: processing revenue approximately $340K
Jan to March 2018 processing revenue approximately $474K
April to June 2018 processing revenue: ???? (maybe $650K ?)
Add in all the other parts (Stellar etc), plus they have stated their cash outflows will be lower this quarter.
Does everyone think that NOV might be approaching cash flow positive this quarter? Or are we still a few quarters of solid growth away from being CFP?
NOV Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
