OVT 0.00% 0.4¢ ovanti limited

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  1. 3,795 Posts.
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    I'm not against a CR once the price gets a bit higher. A CR with institutional investment once the market cap goes over $100m is smart imo. It's great to be cashed up and it will put a really solid support in place around current prices (depending on the discount offered of course).

    I would expect a raise if we start seeing a consistent flow of positive news (I'm talking about an announcement every couple of days). It's pretty common practice to pump the VWAP prior to a raise. We're not seeing anything like this yet so in my opinion no raise on the cards yet.
 
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