OVT 6.45% 3.3¢ ovanti limited

Could IOU be the next "Market Darling"?

  1. 8,103 Posts.
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    Market Darling? Your thoughts appreciated.
    Given the broad coverage pre launch, imagine at and after launch. Its quite amazing to hear talk from people l know that have whispered IOU in the past few weeks.

    On the FA front:
    lS there much to like?
    Lets look at some data from previous announcements,
    Timeline; the team delivering on thier timetable per operational update ann.
    Revenue boost last Q per 4c.
    Prepaid inventories per Op update ann (The example)
    Introduction of BNPL starting March/April
    Potential sign up of underbanked and unbanked (company goal) per Operational update ann.
    Building of core business transactions base per anns
    Lending licence Malaysia per ann.
    Other opportunities such as unnamed gateway operators, bank partners and of course new deals that maybe in the making. per different anns.

    Discussion points:
    Potential loan book funding (speculative) is it needed?
    How many merchants to be onboarded
    SEA countries expansion to Indonesia, possibly others via lineal connections
    Partners Easystore are in SEA, US.
    Quiz: Is there an Easystore right here in Australia? Yes/No, if Yes where? ( a prize awaits for being first). I dont actually know the answer, l will follow up your lead or link.

    TA, interesting chart development, gap closed with a lovely green engulfing candle to finish the day. lm no chartist so any help appreciated.

    I hope this thread becomes a good arena for FA, TA only.
    Please join in with worthy analysis and research. or just have a go at the quiz.
    Ive left plenty of discussion points out deliberately, but gives a start.

    Market darling? Maybe not yet, but is it possible.....? But lets discuss the chance.
    Enjoy
    Stig.

    Not financial advice, please DYOR but feel free to share your knowledge.
 
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