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Ovanti Limited Under ASX Inquiry for US Market Entry Disclosures

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Ovanti Limited Under ASX Inquiry for US Market Entry Disclosures

IOUpay Limited ( (AU:OVT) ) has shared an announcement.

Ovanti Limited, listed on the ASX, is currently under inquiry by ASX Compliance regarding its announcements related to its US Market Entry Plan. The company has responded to ASX’s queries, asserting that the information disclosed was not intended as prospective financial forecasts but rather as extracts relevant to the board’s decision to approve the plan. Ovanti maintains that the information was based on reasonable assumptions and derived from reputable sources concerning the BNPL market in the US.

More about IOUpay Limited

YTD Price Performance: -40.0%

Average Trading Volume: 22,724,779

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$16.32M

Find detailed analytics on OVT stock on TipRanks’ Stock Analysis page.

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