CVT 0.00% 1.5¢ covata limited

Ann: Change in substantial holding-CVT.AX, page-15

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  1. 1,754 Posts.
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    CVT's product /story is very good, but until the company secures major contracts (dollars in the bank) the share price will continue to suffer. Every-time CVT release quarterly reports with poor numbers the share price will get hammered.

    All the market cares about (at least in AU) is dollars in the bank / contracts. Future potential of a company doesn't seem to account for much in this Country. If listed in the USA the share price would be much much higher as they recognize/reward future potential.

    CVT is absolutely worth holding in your portfolio, but don't expect much from the share price until they score contracts.
    Last edited by UpsNdowns: 26/07/16
 
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