NOV
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0.00% 3.2¢ novatti group limited

This is also another bit that caught my eye. No requirement for...

  1. TraderNin
    1,315 Posts.
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    05/09/16
    21:22
    Post #: 18946410
    This is also another bit that caught my eye.

    No requirement for additional capital.

    They now have recurring revenue; and more contracts to be expected over the coming months. They also commented cash burn rate will fall in 2017.

    All in all...a nice little growth stock with solid management and they have now shown their capabilities to secure a big contract from WeChat.

    I will be buying more on any pullback.

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    NOV Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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