OVT 6.25% 1.5¢ ovanti limited

With all this talk of share price predictions I've decided to...

  1. 241 Posts.
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    With all this talk of share price predictions I've decided to weigh in with the numbers I used when I chose to invest here even if it's a little more conservative than the Afterpay estimates. Based on my last post, at 1% uptake of IOU by existing transaction customers and $30million a year revenue ($2million per month + $6million existing) my price target for this is a market cap $240 million given a standard 8x SaaS style modelling instead of the 30+x BNPL modelling, this would give us a share price of around 60c. Without numbers available I'm sticking to conservative estimates for now. We should get a better idea of how things are going with updates later this month so it'll be interesting to see how we go with our big partners. My time frame for this is within the next 2 years, but obviously with good news and higher uptake it could be drastically expedited. 3x bagger would be very achievable.
 
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