OVT 0.00% 0.4¢ ovanti limited

Ann: Trading Halt, page-100

  1. 5,099 Posts.
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    Hi @UniTrader, this is a bit of strange post... I'm not really sure what you're trying to say?

    I don't mean to speak for @Samyvalue but I believe what he's trying to say is that if you read the announcements from the Company, then you can see there's been a heap of positive developments, more or less in line with all their roadmap markers. That is what the business is actually doing. You seem to be commenting more on the share price, which is a totally different story in my view. The SP is just the market's view of the business' value at any given point in time, and it can jump/dive/trend all over the place depending on all sorts of factors, i.e. sector sentiment, macro conditions, pandemic outbreaks etc etc. Those things are all, broadly speaking, 100% outside the control of the company. I often see people confuse the performance of the share price with the performance of the business. It takes plenty of mental fortitude to see a business kick goals and a share price kicking tyres (or worse), and still stick to your guns. I'm sure with a name like 'UniTrader' you appreciate that business performance vs share price performance often diverge and that is what creates trading/investing opportunities.

    So I would most certainly count myself as one of your "others" who, looking at the things the company can control, and the things the company announces, can happily say that everything has been positive. There have been, and will be, some bumps in the road (i.e. iPay88, Calvin moving on, etc) but that's completely normal. And while all that has been going on, the SP has been all over the place, which creates buy/sell opportunities for people of all different outlooks. But if you're long on the company, surely your main focus is on the business.

    Just my two cents, FWIW.

    Cheers
 
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