OVT 0.00% 0.4¢ ovanti limited

Ann: Response to ASX Price Query, page-103

  1. 3,795 Posts.
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    I think we'll get another partnership announcement late in the week which will carry the price over $1. I still believe very strongly that there will be a cap raise at these higher prices. Management would be silly to not take advantage of it. Remember last issue was 16c oversubscribed 7x. Price is now trading at multiples of the last issue price and management have 10% allocation at their disposal. We we're also told in the last 4C that financing was being looked at this quarter. This is opinion only.
 
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