This is a significant deal. Mead had evaluated all major competitors over the last 4 years. Yes this was a 4 year sales cycle. Product is already being shipped to Mead (announced at the AGM). Mead are huge and they will use CLV's product to penetrate existing and new markets particularily in the USA. The multiplier effect will be felt over the next 12 months. Dr Ian Brown has slowly but methodically built strong foundations for success. The chairman also announced at the AGM that Brown will be purchasing CLV shares this quarter
new contract signed, page-8
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $60.11M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $3.293K | 6.778K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50480 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 1025 | 2 |
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| Last trade - 11.48am 18/11/2024 (20 minute delay) ? |
| CLV (ASX) Chart |
