OVT 0.00% 1.5¢ ovanti limited

Ann: Appendix 4D and Financial Report, page-52

  1. 78 Posts.
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    I have had an opportunity to have a good look at the fins but pretty sure the acquisition of the company/licence would have been capitalised on the Balance Sheet, not expensed in the P&L. Cash goes down, asset is added with no impact to revenue. I'm no accountant so happy to be proven wrong...
 
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