OVT 0.00% 0.4¢ ovanti limited

Proxy Voting For 6th November meeting, page-145

  1. 8,217 Posts.
    lightbulb Created with Sketch. 675
    Seriously? Look at the crap they've dished up so far, diluted, then dilute. Management are supposed to manage holders interest not smash into oblivion.
    They recently advised idsb $80k revenue for August and isentric doing well. Isentric revenue is gold at approx $2m per Q, but the loan cost couldn't be paid and now they propose to dilute to pay the interest, l think you're kidding yourself If you think they've a plan to give holders anything, l seriously think they'll consolidate to wipe out all the retail holders. Let's see.
    Ps, they key question is whether they relist or go private, l suspect the latter.
    Last edited by The Stig: 12/09/23
 
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