OVT 6.25% 1.7¢ ovanti limited

someone appears to be buying up.not sure who it is.but I would...

  1. 117 Posts.
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    someone appears to be buying up.
    not sure who it is.

    but I would be extremely careful.
    if everything goes through as planned.
    (as much as I really dislike the way the company has been operating the past few year , particularly this year)

    this new plan is the first good bit of thinking I can see that's been done by the business and if it all proceeds , will definately lead us in the right direction, but the flip side being.
    those of us who already own shares and are in too deep, are in particular going to suffer during the recapitilization from severly watered down shares.

    as far as I can see 0.009 is a fair value currently, and I definately cannot see the offered shares being offered higher then that.

    so the current price increase is the same as the last few in the previous months.
    its going to be short lived due to manipulation by a single buyer.
    and then head back down to 0.009

    in my opinion I certainly won't be buying more before the new share price offering.
    and only then to average down.


 
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1.7¢
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1.6¢ 1.7¢ 1.6¢ $21.34K 1.259M

Buyers (Bids)

No. Vol. Price($)
3 433000 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 301858 6
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Last trade - 10.12am 28/06/2024 (20 minute delay) ?
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