Correct Mondy. They could have tie ups with big platforms - but the market knows IOU is low on cash as demonstrated by the $2mil TTV for half a quarter.
That is why market does not care about these deals until IOU addresses the funding issue - CR or some sort of funding warehouse?
In this climate - CR more likely imo
For a CR to work - it looks like the investor would want a steep discount to part with the cash - so CR at what price?
Correct Mondy. They could have tie ups with big platforms - but...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $4.669M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $6.802K | 2.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 32371953 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14481514 | 4 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| OVT (ASX) Chart |