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The latest announcement is out from IOUpay Limited ( (AU:OVT) ).
Ovanti Limited, listed on the ASX under code OVT, has lodged a notice of a proposed issue of fully paid ordinary shares, signalling a significant capital move by the company though without additional operational or strategic context in the filing. The company plans to issue up to 1.2 billion new ordinary shares via a placement or similar structure, with an expected issue date of 29 December 2025, a substantial expansion of its share base that could have material implications for existing shareholders through dilution and for the company’s capacity to raise funds for future activities once further details are disclosed.
The most recent analyst rating on (AU:OVT) stock is a Sell 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
Technical Sentiment Signal: Sell
Current Market Cap: A$16.55M
For detailed information about OVT stock, go to TipRanks’ Stock Analysis page.