OVT 0.00% 0.4¢ ovanti limited

Ann: September Activities Report and Quarterly Cashflow Report, page-11

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    Just had a quick read of the report before I leave for work and noticed the following, "The Company’s cash reserves and Balance Sheet can be expected to be further strengthened by operating and financing activities in the following quarter." This makes me expect a CR coming soon, whether or not it's offered to current shareholders or insto's I don't know. To all of those that think that a CR is going to be a negative, please think again. Yes, it is likely our shares will be diluted, but in the scheme of things, we have more than doubled in share price since the last CR, so I'm looking forward to the company raising funds in order to further expand and progress in the industry.
 
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