I am diverting all my funds to 1st... They had a dreadful start and have really turned a corner. OLV has an MC of 12.23mil which is very much the same as 1st. Yet I am sruggling to see OLV get a significant increased revenue stream. 1st has 6mil in the bank (2mil in rev and 5mil loss) and is significantly growing quarter on quarter and from what I can see easily has enough cash till break even..
I sincerely hope this stock does recover for thos investors that have been in from day dot... but I am just deciding that this is one I am struggling to see the value in. It is also part of my overall portfolio strategy and this is the one that had to give.. if you want to see value then take a look at BIQ... its market cap is like 70% of what it has as cash in the bank. Overly punished due to one write down.
OLV Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
