NOV 0.00% 3.2¢ novatti group limited

These are fantastic insights, thanks for sharing @kr8303! Plenty...

  1. 45 Posts.
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    These are fantastic insights, thanks for sharing @kr8303! Plenty of developments and hopefully a number of announcements in the next few weeks. What does NOV look like once it has its ADI by 2019 - we literally become a bank and start making money from loans? Also great to get confirmation re: profit for 2H FY2018. Huge milestone. Considering operating expenses were 4M in 1H FY2018, this suggests we've doubled our revenue by 100%+ again from 2.1M to 4M+. Wonder if the 2H revenue factors the R&D grant that was to be lodged this month. Given our growth profile and the "incubated" revenue streams I wouldn't be surprised if it excludes the R&D grant. Exciting times regardless - just need to start getting noticed by the market..
 
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