OVT.AX A$0.003 on 03 Jan 2026: 126.23M shares intraday, liquidity insight
Ovanti Ltd (OVT.AX) is trading at A$0.003 on the ASX intraday with 126,234,267 shares traded so far, making it one of the most active small-caps this session in Australia. This intraday volume is 2.44 times the average and highlights heightened interest and liquidity in Ovanti Ltd, a Melbourne-based fintech focused on digital commerce and payments across Southeast Asia.
Intraday snapshot
OVT.AX is at A$0.003 with a day low of A$0.002 and a day high of A$0.003 on the ASX in Australia. Volume stands at 126,234,267.00 shares versus an average volume of 53,311,206.00, producing a relative volume of 2.44 and signalling above-normal trading activity for this microcap.
Valuation and key financials
Ovanti Ltd reports EPS of -0.01 and a trailing P/E around -1.41, reflecting a loss-making position. Market capitalization is A$14,836,272.00 with 4,945,424,000.00 shares outstanding. Price to book is 0.34 and price to sales is 5.03, while revenue per share (TTM) is A$0.00131 and book value per share is A$0.00881, showing a low-priced equity base but mixed revenue scale.
Technicals and trading signals
Short-term technicals show RSI at 36.45 and ADX at 29.65, suggesting a firm intraday trend but low momentum. On‑board indicators include on‑balance volume negative at -116,045,081.00 and money flow index at 25.60, pointing to recent selling pressure offset by the spike in today’s turnover.
Operational context and risks
Ovanti operates in Information Technology Services with concentrated revenue exposure to Malaysia and Indonesia and a small team of eight employees. Key risks include low free cash flow per share (-0.00209), a negative operating margin and thin publicly traded float, which can amplify price swings in AUD.
Meyka grade, forecast and price targets
Meyka AI rates OVT.AX with a score out of 100: Score 65.55 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of A$0.0100 and a 12‑month level of A$0.00338. Compared with the current A$0.003, the monthly projection implies an upside of 233.33% and the 12‑month projection implies an upside of 12.82%. Forecasts are model‑based projections and not guarantees.
Price targets and analyst view
There is no published analyst consensus or price target for Ovanti on major broker screens. A conservative internal target tied to the 50‑day average would place a near term reference at A$0.0050 while a bullish scenario anchored to the 52‑week high (A$0.023) supports a stretch target of A$0.0200. Investors should treat these as scenario anchors rather than firm recommendations.
Final Thoughts
OVT.AX is trading as one of ASX’s most active microcaps this intraday session at A$0.003 with 126,234,267.00 shares exchanged. The stock’s high turnover and relative volume of 2.44 indicate short-term liquidity but not necessarily sustainable demand given the company’s negative EPS and operating cash flow per share of -0.00209. Valuation metrics show a low price to book at 0.34 but a loss‑making profile with P/E around -1.41. Meyka AI’s forecast model projects a monthly level of A$0.0100 (implied upside 233.33%) and a 12‑month projection of A$0.00338 (implied upside 12.82%) compared with the current A$0.003. These model outputs highlight a wide range of outcomes and reinforce the stock’s high volatility and speculative nature. For traders, the intraday volume and technicals offer short-term opportunities; for investors, the company’s regional exposure, small scale and negative margins suggest a cautious HOLD stance until clearer revenue growth or margin improvement emerges. Meyka AI is referenced here as an AI‑powered market analysis platform; grades and forecasts are model-based and not guarantees or financial advice.
FAQs
Ovanti Ltd (OVT.AX) is trading at A$0.003 with 126,234,267.00 shares traded intraday, roughly 2.44 times its average volume, indicating elevated short-term activity on the ASX.
Meyka AI rates OVT.AX Score 65.55 | Grade B | Suggestion: HOLD. The grade blends benchmark, sector, metrics and forecasts. This is informational only and not personalised financial advice.
Meyka AI’s forecast model projects a monthly level of A$0.0100 (implied upside 233.33%) and a 12‑month level of A$0.00338 (implied upside 12.82%) versus A$0.003 current. Forecasts are model-based projections and not guarantees.
Key risks include ongoing losses (EPS -0.01), negative operating cash flow, small employee base, concentrated Southeast Asian exposure, and low market cap which can cause high volatility and liquidity-driven price moves.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
