OVT 6.25% 1.5¢ ovanti limited

Ann: Quarterly Business Activity Update and Appendix 4C, page-107

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    Did you honestly think that the company would be able to keep flipping PPI that quickly though? The only thing that changed was they got more money. The merchant service agreements were only for BNPL services so this did not expand the delivery of PPI. Based on this update the company is solely focused on BNPL at this time.

    PPI must be still selling hence the current revenue figures but the rate must be far slower than was alluded to in the examples that the market has been made aware of. I'll have to go back and watch the interview again which quoted something like $1m a week. This must have only been an example because those figures certainly don't match the 4C. Imo this is where the anticipation has come from.

    When it's all said and done it's important to not believe everything you hear or read. The reports lodged through the ASX contain the hard numbers that we should be looking at. This quarter wasn't crunch time in my view but it is coming. From this quarter going forward revenue on a chart should be going from bottom left to top right. Sideways won't cut it once hard launch is under way.

    Completely my own opinion here; I'm expecting at least a 50% increase in revenue next quarter. Then the following should be a 100% increase. This is the type of growth expected for a company with a solid balance sheet, major partners and first mover advantage. Anything less than that leaves too much room for competitors to take market share.
 
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