The company spent $3.948 million during the quarter on operations. As of the 31/03/2025 OVT only has $1.617 million left in the bank. That means it has enough cash to last about 0.41 quarters, or around 5 weeks, if spending continues at the same rate. As of this week, it appears they’re running on empty. They need an immediate cash injection and I don’t think they will be successful raising cash at a 30% premium from existing shareholders.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.92M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $141.9K | 20.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 47839715 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1131922 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| OVT (ASX) Chart |