OVT 33.3% 0.4¢ ovanti limited

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  1. 3,795 Posts.
    lightbulb Created with Sketch. 1980
    More than enough info for this to be priced higher imo. There's a disconnect between the price and the value. Eventually they will meet. This is how the share market works. Stocks are either under value or over value and seldom are they fair value.

    Like I said last week, we're all early and that requires us to wait for the market to catch up. When it does, we'll be the ones laughing all the way to the bank.

    This isn't the only company I'm following that has a mismatch of price and value. I won't cross promote but I will say the PE in the semiconductor market is an average of 18 and this particular company is trading at a PE of 5.33. When you have done the research and the fundamentals get better there's nothing left to do but wait or buy more.

    This is my opinion based on research.
 
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