This doesn't seem to be the end of the process, as far as the ASX is concerned. They state that their "enquiries are ongoing". So we can expect more questions to OVT management.
One thing that is very curious is that the ASX letter says this:
"Please prepare a standalone supplementary announcement to be released concurrently with OVT’s response to this letter, providing:
a summary of all of the material assumptions to support OVT’s view that the stated TTV metrics are achievable;
a summary of all material risks contemplated by the Plan;
any other information necessary to give a reasonable person adequate information to make an informed view about the impact of the Plan on the price or value of OVT’s securities; and
any changes to any of the above to support OVT’s statements in the Second Announcement.
Alternatively, OVT may elect to release a copy of the Plan on MAP, and provide a description and/or copy of any supporting materials in relation to the Second Announcement."
So we are supposed to see another announcement with much more detail, or the actual Plan prepared by Keast. But it hasn't been released yet, although OVT says the Plan was attached to their letter to the ASX.
When will we see the Plan, I wonder?
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.513M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $7.084K | 3.532M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
118 | 101302571 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 45954485 | 52 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
118 | 101302571 | 0.002 |
91 | 189485254 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 45954485 | 52 |
0.004 | 20082234 | 24 |
0.005 | 15229595 | 19 |
0.006 | 14967141 | 8 |
0.007 | 6494166 | 7 |
Last trade - 15.54pm 16/06/2025 (20 minute delay) ? |
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OVT (ASX) Chart |