A review of OVT’s 4C at 31/03/2025 shows they had just 0.41 quarters of funding remaining (around five weeks). The recent capital raise brought in only $368,000, falling well short of their $5 million target. This small injection extends their runway by just 0.10 of a quarter, or around 1.5 to 2 weeks. At their current burn rate from last quarter, they’re set to run out of cash by the end of this week. No credible CEO would step into a leadership role under these conditions. Without secure funding in place, the business lacks a viable future.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.513M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $9.4K | 4.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 120 | 99175149 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39313681 | 50 |
View Market Depth
| Last trade - 12.56pm 20/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |