"drop in the ocean? 14 million? are you ok?"
Thanks for asking - I'm fine.
I am saying it is a drop in the ocean because they need $18M just to get started (not including ongoing costs) and with over $2M a quarter being burned, that $14M suddenly becomes $10M. That said, you are also assuming they will get $14M for their share of IDSB. I would be very surprised if that ever happened.
Anyway, we're destined to disagree on all of this. Sounds like you are in for the long haul, so I wish you luck, but I just can't see OVT having a viable future.
- Forums
- ASX - By Stock
- Ann: Placement to raise $1,000,000
OVT
ovanti limited
Add to My Watchlist
0.00%
!
0.2¢

"drop in the ocean? 14 million? are you ok?"Thanks for asking -...
Featured News
Add to My Watchlist
What is My Watchlist?
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.
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.011M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $6.886K | 3.442M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
119 | 100058846 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 45074320 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
119 | 100058846 | 0.002 |
91 | 189485254 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 45074320 | 51 |
0.004 | 20082234 | 24 |
0.005 | 15229595 | 19 |
0.006 | 14967141 | 8 |
0.007 | 6494166 | 7 |
Last trade - 12.09pm 16/06/2025 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |