OVT 3.13% 3.1¢ ovanti limited

Instead of a cap raise, diluting me by another 40%, let alone...

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  1. 2,767 Posts.
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    Instead of a cap raise, diluting me by another 40%, let alone the further loss I'm going to incur due to this unfavourable 4c, how about the BOD just tightens the belt a little?

    For their shareholders. You know.

    1.3mil in revenue per quarter is actually somewhat more than I expected to see though so.. that's really good.

    Regarding this
    "is taking a very measured approach to capital raising on a strictly as need basis"

    If they have people willing to put cash into the company in exchange for shares, perhaps.. do it at a higher price.

    1.2 million is chump change in the context. But 40% more dilution sure isn't chump change to many of us.

    Come on guys. The finish line is there you know it and see it. Throw us a bone.

 
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3.1¢
Change
-0.001(3.13%)
Mkt cap ! $60.90M
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3.2¢ 3.4¢ 2.9¢ $972.9K 31.30M

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