OVT 13.9% 4.1¢ ovanti limited

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  1. 460 Posts.
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    There was a lot of importance aimed at the MYIOU 2.0 release earlier last year when the forum was bombarded with posts about app reviews. Bit quiet on that front now that it is happening this month?

    Tie that in with the work being done increasing the size and robustness of their back end facilities and to top it off the staff increases. It can't be a coincidence, software doesn't get overhauled for a company that is plodding along. It would have been patched and moved forward, they are clearly anticipating growth this year at a rate that is beyond building simultaneously as it grows. The volume will turn and it will climb again, at this price you can't argue the reward to risk. People are trapped into comparing it to the highs of last year and feel it is underachieving but it's not. It got manipulated, then traded hard (just like every single ASX listed BNPL at the time,) and at its peak IOU was crafty enough to CR and start to build what is coming into fruition now.

    Feel like a broken record........

 
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