They got booted out a while back, but as they held 5% of existing shares they called for an extraordinary meeting that is scheduled I think for November 4th. They want to try and kick some people off the existing board and get themselves back in. If you are holding shares, it's imperative you get at least your proxy votes in to ensure this doesn't happen. Orginally that was the reason for the big increase in stock trades a few weeks back. Might still be happening now, but this won't be over until the meeting in November. I know the current board has the support of Barclays and some others, but every vote counts and it is an important vote. If the old board members got back in it would be a disaster. But, like I said, numbers are still on the current board's side, unless someone has come up with a spare 5 million or so to try and get the old ones back.
Doesn't make any sense though. The old board just wasted money and made bad decision in trying to get into online gaming. New board makes much more sense and the BNPL direction is absolutely perfect for this company - IMO
- Forums
- ASX - By Stock
- OVT
- $1 Club
$1 Club, page-702
-
- There are more pages in this discussion • 31,620 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $342 | 85.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10317 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7209552 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10317 | 0.004 |
36 | 17700713 | 0.003 |
11 | 15815000 | 0.002 |
9 | 24649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7209552 | 17 |
0.006 | 4466638 | 10 |
0.007 | 1853165 | 6 |
0.008 | 1685714 | 4 |
0.009 | 1100000 | 2 |
Last trade - 14.25pm 04/09/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |