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130,529,717 shares on issue.
At 35 cents per share the Market Cap is $45.6 mil.
Revenue for the December quarter was $112,000.[note a small toy shop would have done more in just December].
Expenditure for the quarter was $3.15 mil.
So current expenditure is 28 times revenue.
Therefore a lot of future revenue is being built into the share price.
Whether or not OVN can get the revenue the market is expecting,only time will tell.
Last edited by percy; 14-01-2020 at 08:32 PM.
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