Bought another 45000 shares in the closing Auction at 0.615 for a total holding of 375000 shares. NB: the lot I bought in the opening auction were 0.60 ea
I've said it before - The capital raising is money straight into our bank account - we then lend it out and get paid back in 4 payments. We can then lend it out again. The business is fairly cost neutral so I hope they spend $10m on advertising so we can get as many customer on board to use our money up THEN another capital raise - totally normal if we expect the "Australian Model" to be used from a growth point of view. It is being run with an SEA bent though. Plenty of room in this market for many players, so long term hold for me ($4 in four years)
GLTAH (Down-Rampers F@ck off), my bet is IOU's share price will be over $1.00 by this time next year ($1.00 1yr options taken as part of a capital raising package would be silly if you couldn't reasonably atain it)
- Forums
- ASX - By Stock
- $1 Club
Bought another 45000 shares in the closing Auction at 0.615 for...
-
- There are more pages in this discussion • 20,165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.012(85.7%) |
Mkt cap ! $40.46M |
Open | High | Low | Value | Volume |
1.6¢ | 2.8¢ | 1.6¢ | $3.969M | 173.0M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2262677 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 2755276 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2113136 | 0.025 |
6 | 2494999 | 0.024 |
13 | 3215649 | 0.023 |
6 | 1088835 | 0.022 |
13 | 2134697 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 2480276 | 6 |
0.027 | 1111017 | 10 |
0.028 | 2780732 | 9 |
0.029 | 2963210 | 8 |
0.030 | 3144547 | 13 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |