I think it's all well and good that Director's are buying along with Thorney, noting Thorney's holding in OVN doesn't even register in it's top 46 investments (see 2021 annual report) however the company has shown limited uptake of the product. Sure COVID shutdowns hurt, Chris even stated it was the worst time for them to launch the product. I really hope I'm proven wrong as there is a real need for a product like this. I have sold down the majority of my stake and have a small parcel to ensure I keep my eye on progress. Unfortunately I think the upcoming 4C will be lackluster and another CR will be on the cards in the next 12 months.
OVN Price at posting:
11.5¢ Sentiment: Sell Disclosure: Held