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2.7¢ ovanti limited

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Analytics123

1,102 Posts.

84

19/08/22

08:02

Post #: 63203134
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Originally posted by The Stig: ↑

Just to be clear, they should've paid out idsb instead of forcing further delay, the closure of the deal has held this back no end, so l agree it will be good to end the drawn out saga.

As for creating value, it's not going to do this, IDSB is a shackle that will not see a capital return on investment for decades. Unless of course they can actually leverage, which to date they've achieved squat.

This may change, long bow style.

What needs to be confirmed is this so called interim funding to facilitate expansion, l think they even a small amount would do wonders, they state NTV at 7%, recycled on say 3month loans that's 28% pa. Funding costs aren't that high, say 5%...

This raises the question as to scale and proof, are they saying funders aren't looking at making money?

We will see what's in store over the next few months, but remember theyve stated they aren't growing the business outside of recycling NTV over time, so we wait the news.

All in my opinion of course, and lve held strong and buying in anticipation of growth, but it's definitely a hard hold.

STIG......aka mateyy.

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I understand and agreed. but tell me this. isn't this SP well below what it is worth? if you want a hint : check the value of it before BNPL started.

IOU Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change -0.005(15.6%)		Mkt cap ! $56.84M

Open	High	Low	Value	Volume
3.2¢	3.4¢	2.6¢	$3.034M	104.8M

Buyers (Bids)

No.	Vol.	Price($)
10	1006407	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	2720707	7

View Market Depth

No.	Vol.	Price($)
1	4407	0.027
26	13752601	0.026
46	14900387	0.025
19	8866261	0.024
13	6181958	0.023

Price($)	Vol.	No.
0.028	3220707	8
0.029	2475169	10
0.030	4493075	14
0.031	2739163	11
0.032	2498474	10

Last trade - 14.19pm 14/11/2024 (20 minute delay)

OVT (ASX) Chart