OVT 6.25% 1.5¢ ovanti limited

Massive news today for IOU aka OvantiOfficial request for...

  1. 178 Posts.
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    Massive news today for IOU aka Ovanti


    • Official request for lifting of suspension sent to ASX 21 January 2024
    • New, highly experienced board appointed in light of the previous boards wrongdoings surrounding the current fraud investigations
    • Continued effort surrounding the recovery of the misappropriated funds from the prior board
    • Continued financial support from Finran to continue operating in the meantime
    • Continued engagement with the ASX relating to the framework of what’s required for re-listing
    • All financials up to date (quarterly releases) along with todays AGM point towards an imminent re-listing on the ASX


    The current board, along with its support crew, need to be given a helluva lot of credit in getting the company in to the position it is currently in. The mere fact that current holders have a very likely chance of having themselves in a position to exit there current holdings in the near future is a far cry from what the outlook was only some 6-12 months ago.

    Onwards and upwards



 
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