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0.4¢ ovanti limited

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turtleboy

5,317 Posts.

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29/04/21

20:39

Post #: 52825436
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Originally posted by mondy85 ↑

Hi @esteban445. Just to clarify, it wasn’t a prediction, I was just trying to see where the numbers *could* end up. I’m conservative by nature and don’t want to be seen to be making predictions (yet) on where revenue will be. However at the same time, the company gave us two facts: $1.5m capital allocated to PPI, and a general guide that PPI is low risk and tends to sell out weekly. I’d love to see $12m revenue
announced tomorrow, but not too disappointed if it’s less. Any growth will be good.

But... I also wonder if it could be more, because the $12m guesstimate doesn’t take into consideration the existing revenue from digital payments side of the business. As @JaseW points out a bit earlier above, the previous Q2 4C noted that Digital Payments was due for “accelerated revenue growth” following investment in new distribution etc. so hopefully we’ll see an increase to the underlying ~$2m revenue per quarter on that front, in addition to anything PPI delivers.

(My clarification became another rave. Whoops.)

Cheers

Expand

OK, so will we open at over $1 tomorrow morning or at $1.75?

Or is the market smarter than rampers on other social media?

Is the market so dumb?

Last edited by turtleboy: 29/04/21

IOU Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.001(33.3%)		Mkt cap ! $4.669M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$48.01K	12.75M

Buyers (Bids)

No.	Vol.	Price($)
1	46269	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	8948860	17

View Market Depth

No.	Vol.	Price($)
6	19190150	0.003
30	27245469	0.002
19	44894390	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	4603895	12
0.005	8948860	17
0.006	2690500	7
0.007	2255819	7
0.008	1185714	3

Last trade - 14.47pm 27/09/2024 (20 minute delay)

OVT (ASX) Chart