Australia's largest stock trading and investment forum Australia's #1 stock forum

OVT

Click for more information

25.0%

0.9¢ ovanti limited

I wish they could ve produced 5.8m this quarter! the reality is...

First 374 Last

Share
Profile

Follow
Zichao123

25 Posts.

04/05/22

14:34

Post #: 61200752
Share

Originally posted by Ryzie: ↑

The discounted cash flow (DCF) for the valuation of IDSB would be completely different now. IOU could write down the value of IDSB for what they paid but it's not going to be valued at that amount if they were to sell it on. It's an asset that yields 2.5%. The 2.5% is counted as income for the business. That's all you can really look at imo.

If IOU were to issue shares to raise capital I wouldn't be paying anymore than 5c per share with current operations.

Think of it this way, they had $58m a year or so ago. They have invested all of it into building the business and out of that they have been able to produce $5.8m in revenue this quarter or say $23m per year. It's not a terrible result however there business has hit a roadblock as it's run out of money. If the company raises another $10m-$15m, double digital transactions and secured a funding facility then the valuation changes. Without any cash the value shrinks.

This is my opinion, no one has to agree with me.

Expand

I wish they could ve produced 5.8m this quarter! the reality is they only had 0.58M, the shear wouldnt sink down like that with 23-25M in revenue yearly!

IOU Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HCH

Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant

RXM

Rex Minerals soars 60% on $390M Indonesian buyout deal from MACH Australia

PMT

High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%

CXO

Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

WCN

White Cliff gears up to explore expanded Nunavut Cu-Ag-Au project in Canada

There are more pages in this discussion • 28 more messages in this thread...

First 374 Last

Add OVT (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change -0.003(25.0%)		Mkt cap ! $9.920M

Open	High	Low	Value	Volume
1.2¢	1.2¢	0.8¢	$118.0K	13.07M

Buyers (Bids)

No.	Vol.	Price($)
7	466071	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	2512827	8

View Market Depth

No.	Vol.	Price($)
7	466071	0.009
21	4788315	0.008
23	6334104	0.007
11	7341563	0.006
9	7148100	0.005

Price($)	Vol.	No.
0.010	2512827	8
0.011	1054000	4
0.012	1880930	7
0.013	821673	5
0.015	4093101	7

Last trade - 12.36pm 08/07/2024 (20 minute delay)

OVT (ASX) Chart