OVH 0.00% 43.0¢ onevue holdings limited

Ann: 2019 AGM Speeches, page-9

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  1. 283 Posts.
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    Things have been a little quiet on this thread lately. Meanwhile Sargon is going about it's business increasing it's trustee business to beyond it's original client base. All seems sweet in that camp and the business seems to be expanding for all the right reasons. Should the Diversa settlement go through smoothly I suspect Sargon will become a valued customer of Onevue. Bell Potter have a buy recommendation with a 12 month target price of 64 cents. This number, I think, will prove to be conservative as time progresses. The added security of the deal in a worst case scenario would still guarantee a significant payment but I've always been of the opinion that Sargon and it's backers have too much to lose by defaulting and a whole lot to gain by a smooth settlement.
 
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