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14.3% 0.3¢ ovanti limited

Hi all,Now that all the impairments are taken and since 30 June...

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  1. Zingy
    519 Posts.
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    19/12/23
    14:19
    Post #: 71527954
    Hi all,

    Now that all the impairments are taken and since 30 June 2023 operational costs will have dropped by 80% ie No BNPL and only 16 staff. Also the fact that current board have indicated growth in Isentric the last 6 months with strong growth forecast for 2024 then looks to be in the black by $1.5-$2m. even at a conservative 10x that puts value at 2c per share. Add back IDSB takes us to 3.3c per share.

    However I suspect the market will judge otherwise.

    Just my opinion
    IOU Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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