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The latest update is out from IOUpay Limited ( (AU:OVT) ).
Ovanti Limited has proposed a 20-for-1 share consolidation aimed at creating a more appropriate and effective capital structure, subject to shareholder approval at an extraordinary general meeting scheduled for 30 March 2026. The move will see all existing shares and options consolidated at the same ratio, with option exercise prices adjusted accordingly and fractional entitlements rounded up, under an indicative timetable that transitions trading to a consolidated basis by mid-April, potentially improving the stock’s tradability and positioning the company for future strategic initiatives.
The most recent analyst rating on (AU:OVT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on IOUpay Limited stock, see the AU:OVT Stock Forecast page.
More about IOUpay Limited
Ovanti Limited is an ASX-listed fintech and digital commerce software provider that enables institutional clients to securely authenticate end users and process banking, purchasing and payment transactions. Its core platform connects large customer communities via mobile devices, supporting mobile banking and digital payments for leading banks in Malaysia and major telcos and corporates in Malaysia and Indonesia, while also expanding buy now, pay later services into the U.S. market.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.3M
For detailed information about OVT stock, go to TipRanks’ Stock Analysis page.