Australia's largest stock trading and investment forum Australia's #1 stock forum

OVT

Click for more information

5.88%

1.6¢ ovanti limited

$1 Club, page-23281

First 23281 Last

Share
Profile

Follow
handy3101

638 Posts.

72

16/07/21

14:18

Post #: 54554907
Share

Originally posted by Petec789: ↑

I haven't tried Crypto yet, but I have invested in Afterpay at 9, Sezzle at 37 cents, Zip 1.70, Facebook at 19 and Snapchat at 4. Sold them all at highs, apart from the 2 I still hold: Snap and Zip. I averaged down on all of these and wanted them to go down so I could buy more. I have no problem waiting years for an investment to reach Disallowed status, as long as I believe in the company in the long term.

I stupidly had the same attitude with IOU and continued to average down and now I'm selling at a loss. My average is 50 cents. I've made a lot of mistakes with this stock that stemmed from overconfidence, lack of research and the overriding emotion of not being able to admit I was wrong and made a bad decision. There is 1 final decision to be made that is the right one IMO, and that's to sell and take the loss. Surely it's better to take this money and invest it in companies with billions in revenue, proven operational excellence and YOY growth in the hundreds of percent.

All IMO.

Expand

So you got caught in the pump. Funny that, it can do funny things to your emotions.
Most here are under 25c.

BNPL is here to stay, that much is clear.

Maybe its best you sell out then - take your loss and move onto other stocks, it may do you better.

IOU Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

There are more pages in this discussion • 9,041 more messages in this thread...

First 23281 Last

Add OVT (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change -0.001(5.88%)		Mkt cap ! $18.17M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.6¢	$52.04K	3.011M

Buyers (Bids)

No.	Vol.	Price($)
10	819705	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	1160804	4

View Market Depth

No.	Vol.	Price($)
9	619705	0.016
13	2719587	0.015
4	2212709	0.014
5	3393596	0.013
6	2364375	0.012

Price($)	Vol.	No.
0.017	1160804	4
0.018	141537	3
0.019	260734	2
0.020	307547	5
0.021	1111042	4

Last trade - 16.10pm 27/06/2024 (20 minute delay)

OVT (ASX) Chart