OVT 6.25% 1.5¢ ovanti limited

Offer To IOU For Capital

  1. 1,998 Posts.
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    Great news for IOU, they are lucky to have someone come along and offer to bail them out, with an interest free loan. How could they refuse this offer.wink.png
  2. 15,986 Posts.
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    Lets hope IOU mob comes to their senses,

    Finran has invested heavily to the tune of $millions for their 23mil odd shares - yet IOU directors has bought zero shares.

    If IOU does not take up this very generous offer i see Finran will likely take them to court for a shareholders class action imo and all directors will be held liable for further financial losses from this point if they decide to side step this very fair offer of funding in favour of shareholders dilution and value destroying CR
    Last edited by kevin103: 04/04/23
 
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