OVT 0.00% 0.4¢ ovanti limited

Ann: March Quarterly Activities Report, page-356

  1. 5,130 Posts.
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    I understand what you mean @Tratty but I think (as hard as it is) you need to filter out all the sledging/rubbish from actual discussion/critique about the company and its business performance. The two are not the same. I for one comment on the company (not the SP) because a) that’s the point of a forum like this and b) partly to counter the ridiculous and misleading ramping I see so often. Remember the Wyckoff bull, with endless “30c soon”, “big players holding us back” going back months ago, or the litany of people with their DBL theories (not a single piece of which has been ever confirmed by the company). Even with the SP making 52 week lows this behaviour was continuing - it’s all over this thread. If you’re going to call out what you perceive as bad behaviour, fine - but you need to call out both sides. As a broad comment (not directed at you), there’s no point wilfully ignoring sensible criticism, then turning on the bears when things go south.

    FWIW, on the SP side, I feel very sad about what has happened here. Real, hardworking people have seen their capital whittled away. It’s not the fault of any one HotCopper contributor, but a succession of poor decisions by management which in my mind all began with IDSB. Unfortunately neither these threads (nor other forums) have been particularly accomodating of contrary views - but frankly if you’re not willing to engage with or consider a bear case, this is where ASX microcap investing can lead you. I hope for all of you this is at or near the bottom - but in this market, who could possibly know.
 
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