OVT 6.90% 2.7¢ ovanti limited

$1 Club, page-24557

  1. 680 Posts.
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    Very good point there about the pump and dumps. I am very happy the recent type of rises in our sp as compared to the unsustainable pump rises early this year.

    I feel the last 1 month+ sp rise is based on real progress and solid fundamentals. All was good until we got the recent left field acquisition with IDSB.

    I think the market will need alittle more time to digest this acquisition. Long term it should be very positive pick up.

    The market is probably just wary that IOU has spent about 7c per share to lock away this solid business in IDSB. We used to be able to boast that IOU's market cap is backed by our $50mil cash holding up to 10c per share. All good we will need a CR in the next 4 mths imo hopefully at a good sp.
 
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2.9¢ 3.0¢ 2.7¢ $2.134M 74.89M

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