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9.09% 1.2¢ ovanti limited

Ann: March Quarterly Activities Report, page-335

  1. LJohn
    1,291 Posts.
    lightbulb Created with Sketch. 1314
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    04/05/22
    12:10
    Post #: 61195942
    Ryzie if there is a MC of $30mil, then basically any buyer would be getting a bonus of $12mil for DSB, $3mil in bank, and then paying $0 for an established company, with apps etc and turning over $12mil etc per year.

    Even if you look at $60mil MC, that's only leaving $15mil for the actual IOU business, taking out value of DSB&cash. That is a ratio of 1.5...
    IOU Price at posting: 10.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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