Yes—those companies raised hundreds of millions… after they’d already passed key milestones:
- product launched
- team built
- strategy validated
- CEO appointed
- major backing secured
OVT isn’t there yet. That’s the point. The $400K raise wasn’t about scaling—it was a bridge, not a runway.
You’re acting like capital raises lead turnarounds. They don’t. Leadership and execution do.
The money follows once the strategy is believable.
Zip didn’t raise $400M out of thin air—they raised it after cutting 11 markets and proving focus under Cynthia Scott.
So yes, OVT didn’t raise $5M. Not yet.
But history shows:
First comes the leadership. Then comes the confidence. Then comes the capital.
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Yes—those companies raised hundreds of millions… after they’d...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.011M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $5.602K | 2.800M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
109 | 96641153 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 42726185 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
109 | 96641153 | 0.002 |
91 | 189485254 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 42726185 | 48 |
0.004 | 19822234 | 23 |
0.005 | 15229595 | 19 |
0.006 | 14967141 | 8 |
0.007 | 6494166 | 7 |
Last trade - 10.34am 16/06/2025 (20 minute delay) ? |
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OVT (ASX) Chart |