I agree. This run is early though in my opinion. I believe the share price will surpass current levels this year but the fundamentals need to come through stronger again and again to justify the increase. This can be achieved by announcing partnerships providing access to more merchants. Acquisitions to boost revenue. Raising funds to boost the financial position of the company. Holding another $30m to boost revenue/sales would do wonders for enterprise value which all justify higher market cap/share price.
We do know the company was looking at funding this quarter. I wouldn't be surprised if we hear something in the next few days relating to a capital raise. Then growth for the next few quarters would be secured in my opinion.
- Forums
- ASX - By Stock
- OVT
- $1 Club
$1 Club, page-10501
-
- There are more pages in this discussion • 21,821 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
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $689 | 172.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 648707 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 6955914 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 648707 | 0.004 |
41 | 19412839 | 0.003 |
10 | 14955000 | 0.002 |
8 | 21649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6955914 | 15 |
0.006 | 3048638 | 8 |
0.007 | 1853165 | 6 |
0.008 | 1685714 | 4 |
0.009 | 1100000 | 2 |
Last trade - 14.57pm 12/09/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |