OVT 33.3% 0.4¢ ovanti limited

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  1. 240 Posts.
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    Seriously? Still going on and on about "the big drop"?

    I was kind the first time, but just because you lost 40% of your investment doesn't mean the rest of us will.

    https://hotcopper.com.au/data/attachments/2921/2921489-b98255fa97fd4d06d890a2ce57812cd0.jpg

    Current price is what exactly? The warning signs were all there, just listen to the experts and you'll do fine.

    At an absolute minimum, share price could drop to 50c if the instos who invested decide to dump their entire holding for net zero. To most of this company's investors, that will still be several times their initial investment.

    Out of curiosity, if you invest in a small cap stock with barely any profit margin at 24c, and the current price is 13.7c, would you consider that a "big drop"?
 
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