OVT 28.6% 0.5¢ ovanti limited

That is exactly my thoughts too about the Interview.It seems...

  1. 680 Posts.
    lightbulb Created with Sketch. 65
    That is exactly my thoughts too about the Interview.

    It seems strange that IOU wants us shareholders and the market to believe that they spent $41mil or 85% of IOU's entire cash holding OR 30% of our market cap to acquire 42% of IDSB just to do cross-marketing of IOU's bnpl product offerings to the Malaysian civil servant demographic.

    Can't this already be done via Yuna and the existing social media marketing campaign for a fraction of the cost?

    Yes IOU is not an investment vehicle - so what is the real purpose of acquiring IDSB for the cost? Paul did make clear that IOU would not directly have access to the AG Code license which is obvious - so it would have to be a collaborated product jointly launched with IDSB and IOU - which could possibly see IOU take advantage of the AG code salary deductions.

    If only IOU would tell us rolleyes.png
    Last edited by Samyvalue: 24/09/21
 
watchlist Created with Sketch. Add OVT (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
-0.002(28.6%)
Mkt cap ! $7.440M
Open High Low Value Volume
0.7¢ 0.7¢ 0.5¢ $11.85K 1.969M

Buyers (Bids)

No. Vol. Price($)
42 12940808 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 4642620 1
View Market Depth
Last trade - 12.30pm 17/07/2024 (20 minute delay) ?
OVT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.