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Bullboard - Stock Discussion Forum Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software and services. Its products include hardware and software tailored for advanced applications in key vertical markets:... see more

TSXV:NVI - Post Discussion

Novra Technologies Inc > End of November
View:
Post by mlmack66 on Nov 19, 2024 9:05am

End of November

The company should release Q3 earnings and update us on the halt status at that time. Bids/asks are irrelevant now, eventually that halt will be lifted. I suspect the loan is being revised to satisfy regulators. It wouldn't surprise me if they buy the company at $0.12, that was my target or Harris takes it private at a small premium from where it was trading.
Comment by Ciao on Nov 19, 2024 10:38am
They definitley are past due in not updating shareholders, doing so in the Q3 makes sense, I guess we waited 2 months plus, what's another week or so. Possible takeout by the private investor who is frustrated with regulators is possible. However it would likely go at .30 or about $10M. P/S would be 1.5X. Putting a loan out there valuing a portion of the company at .34 means they see lots of ...more  
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