Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
IOUpay Limited ( (AU:OVT) ) has provided an update.
Ovanti Limited has requested a trading halt in its securities on the ASX as it prepares to announce a capital raising, with the halt expected to remain in place until trading opens on Wednesday, 24 December 2025 or until the announcement is released. The move signals that Ovanti is in the process of securing new capital, a step that could affect its balance sheet strength, shareholder dilution and future growth initiatives once full details of the raising are disclosed to the market.
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
Ovanti Limited (ASX: OVT) is an Australian-listed company, though the announcement provides no detail on its specific industry or core products and services beyond its status as an ASX-listed issuer preparing a capital markets transaction.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.55M
See more data about OVT stock on TipRanks’ Stock Analysis page.