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14.3%

0.6¢ ovanti limited

2 Cents by June 2022, page-46

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turtleboy

5,317 Posts.

318

10/05/22

22:35

Post #: 61328161
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Originally posted by mondyinvest ↑

Absolutely I think ASX should have suspended it. I wrote that at 14.5c when I first read the 4C.

Here’s something for you to try to understand (if you’re even capable)… a suspension would have benefitted shareholders. The company needs to clear up the financial position ASAP, not trade with all this uncertainty. The conundrum is obvious - they can’t grow without funding, but they need growth to attract funders. So now they’ve “reduced generation of new BNPL business activity” (their words) to protect working capital, i.e. the money needed to run the business. Meanwhile, the SP has sunk over 40% more (!) since that 4C was released. Yes, a suspension until they cleared up the position would have protected shareholders.

The company is at fault here, not the shareholders. ASX should have protected the latter.

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RUBBISH.

Obviously the ASX asked the company and they answered and gave IOU the all clear to trade.

You and I have no idea what is happening behind the scene.
True?

NOW for a non HOLDER like yourself to come out and make such claims,
Wow who the # do you think you are?

Who are you in the ZOO?

Associated with the x BOD by any chance?

I bet you are!

IOU Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last 0.6¢		Change -0.001(14.3%)		Mkt cap ! $7.440M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.6¢	$10.59K	1.759M

Buyers (Bids)

No.	Vol.	Price($)
41	13724434	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	36587	1

View Market Depth

No.	Vol.	Price($)
41	13724434	0.005
21	22994110	0.004
7	9930016	0.003
7	6025000	0.002
8	18590073	0.001

Price($)	Vol.	No.
0.006	97618	1
0.007	6293467	13
0.008	4591153	8
0.009	2896832	10
0.010	1307000	6

Last trade - 10.58am 17/07/2024 (20 minute delay)

OVT (ASX) Chart