OVT 33.3% 0.4¢ ovanti limited

$1 Club, page-25140

  1. 3,795 Posts.
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    This isn't the first company I've invested in that doesn't put out a lot of announcements. They announce the important things like the IDSB investment because that's the requirement under ASX regulations. They aren't announcing when they made the payment for IDSB because that information was already covered in the initial announcement. In the annual report the chairman's address spoke at length about the marketing strategy as have other previous announcements. They also don't do an announcement every time they do an update to the app.

    It's pretty clear that they want investors to focus on the financial performance over time rather than over promise and under deliver. I'm ok with the radio silence provided the company complies with continuous disclosure.


 
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