I agree - this Q1 will be where we start to see the first inkling of figures. I am expecting there to be a decent increase from the Q4 2020 and it will be the first time we can really compare things to see how the company is doing. Unfortunately that won't come until end of April. I'm not expecting big things when they bring out the news of Q4 2020. This was still a building phase for the company and getting rid of the last shackles from the previous board that made some very bad strategic decisions. Now that we have the Malaysian license, things will happen quick, which will hopefully also be reflected in revenues. It needs to be with all the new hirings. I know they raised monies for salaries, but then we need the revenue increase to back this up.
I believe they are doing this. All this back end work will pay off. I think it's just looking at it every day, things seem to be moving slowly, but they only brought out the road map end of October. We had to get past the BOD meeting at start of November to secure all the current Directors, so if you take that into account, they've only been at it for about 2 and a half months to turn the ship around and add all these enhancements. I think they are doing a great job based on what we have been told so far and as this starts to reflect in revenue and we get news of who has actually signed up, the share price will move accordingly.
All these one-off comments about doom and gloom really aren't seeing the progress made and where this company is headed. It is not a lifestyle company. This will be a big player in SEA adn I plan to be around ot enjoy the show.
- Forums
- ASX - By Stock
- OVT
- $1 Club
$1 Club, page-7029
-
- There are more pages in this discussion • 25,293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.225M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $722 | 180.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1616385 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 11595053 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1616385 | 0.004 |
22 | 19574663 | 0.003 |
27 | 23664970 | 0.002 |
15 | 36752300 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 11595053 | 14 |
0.006 | 6809703 | 12 |
0.007 | 3925819 | 9 |
0.008 | 1175000 | 3 |
0.009 | 2556060 | 5 |
Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
OVT (ASX) Chart |