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2.6¢ ovanti limited

you trust the board is telling the truth re timeframes! simply...

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129

06/04/23

13:50

Post #: 67171429
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Originally posted by 61289439: ↑

Only issue with this summation is what IOU stated above to the judge
"a large proportion of the trade receivables will not be received for upwards of six months.18 He also explains that about AUD$3 million of the trade receivables will take between three and six months to be collected from customers"

I agree about the 30% paid up front, but if they are saying the current receivables will take 3 to 6 months to recover that doesn't indicate to me that majority of people have already paid several instalments or the full amount in the past. If they are expecting that long to recover this money then it sounds like there are many with longer terms

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you trust the board is telling the truth re timeframes! simply making it look worse to allow a cr to build their votes for egm!

IOU Price at posting: 4.1¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 2.6¢		Change -0.015(36.6%)		Mkt cap ! $30.66M

Open	High	Low	Value	Volume
2.7¢	3.1¢	2.0¢	$266.0K	10.98M

Buyers (Bids)

No.	Vol.	Price($)
6	464673	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	37867	1

View Market Depth

No.	Vol.	Price($)
3	162133	0.026
7	564673	0.025
1	30000	0.024
3	306445	0.023
8	1213181	0.022

Price($)	Vol.	No.
0.027	21875	1
0.028	200280	4
0.029	356355	4
0.030	412925	6
0.031	367269	3

Last trade - 15.52pm 30/04/2024 (20 minute delay)


Last 2.5¢			Change -0.015 ( 39.0 %)
Open	High		Low	Volume
2.2¢	2.8¢		1.9¢	1483336
Last updated 15.57pm 30/04/2024 ?

OVT (ASX) Chart