The market has begun to shift to an increasing interest rate environment. ROI for IDSB was about 2.5%. 2 year US Treasury bonds currently yield 2.77%. The valuations on businesses losing money is decreasing. You can't value IOU the way you did 12 months ago. They have had an extremely good opportunity with the $50m raise and the plan has not eventuated the way I would have liked. The current position of the business has made the investment questionable.
Do management have a plan? Maybe. Does anyone know what it is? No. How do you accurately attach a valuation of $60m when there's just so many unknowns?
- Forums
- ASX - By Stock
- OVT
- Ann: March Quarterly Activities Report
Ann: March Quarterly Activities Report, page-353
-
- There are more pages in this discussion • 49 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
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.669M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 32048620 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 19081514 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 32048620 | 0.003 |
31 | 21898636 | 0.002 |
16 | 46752300 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 19081514 | 6 |
0.005 | 7722053 | 15 |
0.006 | 5854703 | 12 |
0.007 | 2482506 | 7 |
0.008 | 1175000 | 3 |
Last trade - 10.06am 10/10/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |
Day chart unavailable
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online