hard to read. Hannans might be playing the long game and by stumping up an extra 10mil he’s got a much larger proportion of the company for pittance.
If the company is worthless then hes throwing good money after bad, but if it can be stabilised as they suggest then he’s done very well out of the distressed cap raise.
OVT Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)