OVT 16.7% 0.7¢ ovanti limited

$1 Club, page-30844

  1. 8,195 Posts.
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    The value of IDSB to IOU?
    Good question, we may never know the answer to that, it's also extremely subjective. But what we do know judging by the current MC is that the market consensus is the cost isn't justified by any metric it's using.
    Maybe it's worth about the ROI value, l think that's a good starting point.

    Just for curiosity what do you value isentric at with a revenue of 10m, about the same gross revenue of IDSB over a year.
    By your base metrics we should be trading at MC of min ohhh, hmmm $300m...
    So answer why with your values, how can the 5 cent SP even exist.

    I've tried to clarify why it's probably justified (5c), however you've chose not to see it.
    Although l agree that it's likely all about positioning, the underlying issues of cash flow, IDSB T2 payment, and funding generally are not addressed to date.
    Stig
 
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