Well I dont want to detract from what Nathan21 has posted. I was just commenting on the reaction to his posts a apposed to mine.
Most of his posts are well worth reading and I have no reason to suspect that he is being duplicitous in his posts.
He may just have been caught up in the moment. Even I belived in the rerating story at the time.
Although in retrospect looking at the lack of interest and the average prices I doubt many on here or their connections around the world (as intimated) were accumulating this stock in any volume.
Hard to fathom why this is the market cap it is, but essentially little has changed over the last two years, because OVE has had a NPV of ~170m for that duration, yet the company was for many months trading little above a 1 million dollar premium to cash backing. Why was that? Not just the GFC. Most other companies recovered way before OVR.
I can't put my finger on it.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.80M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 206882 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2825703 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 206882 | 0.009 |
7 | 1822523 | 0.008 |
10 | 2491119 | 0.007 |
8 | 3922276 | 0.006 |
3 | 500009 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2825703 | 4 |
0.011 | 936946 | 3 |
0.012 | 1359985 | 4 |
0.013 | 1670000 | 4 |
0.014 | 3198003 | 4 |
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