OVT 0.00% 0.7¢ ovanti limited

$1 Club, page-27165

  1. 16,070 Posts.
    lightbulb Created with Sketch. 3130
    We supposedly get 42% of Idsb profits estimated at circa $4mil p.a for iou's portion.

    BUT anyone would know that $1 today or in IOU's case $42mil is worth alot more than $40mil over 10 yrs. It is simple present value vs future value equation.

    IOU lost hugely in this deal IMHO.
 
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