OVT 12.5% 0.5¢ ovanti limited

pmp?, page-5

  1. 10,373 Posts.
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    Latest profit downgrade appears to be a continuation of declining profits:

    2003 EBIT $96 mil
    2004 EBIT $93 mio

    2005 was forecast at approx $84 mil, now downgraded to $70-72 mill


    PPT became a substantial shareholder on 23 March with 14.8 mill shares.

    When (and if) PPT decide to get out then their style is to dump (virtually) regardless of price.
 
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