IOUpay Limited ( (AU:OVT) ) just unveiled an update.
OVANTI Limited has announced a pro-rata non-renounceable entitlement issue, offering one share for every two shares held at an issue price of $0.004 per share, aiming to raise up to $5,403,095. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market position, though the shares are considered highly speculative, and the offer is not extended to shareholders outside Australia, New Zealand, and Malaysia.
More about IOUpay Limited
YTD Price Performance: -40.0%
Average Trading Volume: 26,068,707
Technical Sentiment Signal: Buy
Current Market Cap: A$13.51M
See more data about OVT stock on TipRanks’ Stock Analysis page.