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Mmmmmooooe

1,791 Posts.

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14/09/21

12:07

Post #: 56047552
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Originally posted by sincos: ↑

I thought the cash was going to be used to accelerate their growth in SE Asia. It’s confusing that they spent almost all of it in a niche and captive Malaysian business without any control. Where does this minority holding in IDSB sit in IOU’s growth plan? I am also curious as to why purchase price is paid in cash without any performance hurdle/earn-out..it’s just not prudent capital management when the amount is ~90% of your capital raised.

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this is also my concern, i hope they release with a follow up ann that clarifies why they made this big decision.

IOU Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $6.090M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$1.9K	475K

Buyers (Bids)

No.	Vol.	Price($)
1	1000000	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	6474889	17

View Market Depth

No.	Vol.	Price($)
1	1000000	0.004
38	17957379	0.003
10	14955000	0.002
9	24649999	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	6474889	17
0.006	3048638	8
0.007	1853165	6
0.008	1685714	4
0.009	1100000	2

Last trade - 10.23am 10/09/2024 (20 minute delay)

OVT (ASX) Chart