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.
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $21.03M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.6¢ | $975.6K | 125.8M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 23311539 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7019418 | 13 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |