OVT 33.3% 0.4¢ ovanti limited

Guess who is the in strongest position out of all the BNPL out...

  1. 17,007 Posts.
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    Guess who is the in strongest position out of all the BNPL out there?

    Yes you guessed it - it is IOU biggrin.png

    We are CASHED up with near $60mil cash in bank with $2mil+ (and growing) revenue rolling in per quarter with ZERO - I repeat - ZERO DEBT unlike all the other BNPL out there such as Afterpay and the likes are drowning in debt on their balance sheet. So basically the US interest rate rises and inflationary issues have no bearing on IOU and has everything to do with Afterpay, Zip and Sezzle who are highly exposed to USA markets and their economics.

    IOU is operating in the fastest growing region in the world - South East Asia and its BNPL market is now in its infancy and growing unlike the saturated Western markets.

    IOU has top notch management that GETS things done!

    Looking forward to near term milestones and news flow.

    I am very happy with where things are at with IOU and am not gong anywhere!

    ALL IMO. NOT ADVICE. DYOR!


    Last edited by kevin103: 05/03/21
 
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