OVT 20.0% 1.2¢ ovanti limited

$1 Club, page-21856

  1. 119 Posts.
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    Maybe my position sums it up: I was planning on selling my holding in another company to buy more IOU, but since the last quarterly took FOMO off the table, it would seem that an apparent lack of imminent developments (possibly due to the Covid situation in Malaysia) makes it look as if the price may just gradually drift lower until there is an announcement of tangible progress. So I am holding off selling my other shares in the hope they will go up a bit and in the meantime IOU is getting cheaper. I haven't changed my opinion of the fundamentals, just the timing of any likely major increase in the sp - I agree with those who think we may have to wait a couple of quarters to see any really positive news. Basically, there just doesn't seem to be any urgent reason to buy right now, which is what I think we see reflected in the market. Of course, that doesn't mean there might not be a major announcement tomorrow and the price will go back to 40c or above, who knows?
 
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Last
1.2¢
Change
-0.003(20.0%)
Mkt cap ! $13.62M
Open High Low Value Volume
1.5¢ 1.5¢ 1.2¢ $53.18K 4.021M

Buyers (Bids)

No. Vol. Price($)
15 2138637 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 518842 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
OVT (ASX) Chart
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