CVT 0.00% 1.5¢ covata limited

Ann: Appendix 4E and 2016 Annual Report-CVT.AX, page-4

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  1. 66 Posts.
    He is my take on the 4E.
    - major shareholders mostly holding tight.
    - Nothing positive or negative in the backward looking financials - we already knew there was little revenue.
    - The focus of the report is the review of operations in the directors' report. Very very detailed and I'm liking what I am reading. I believe it is positive as it reaffirms the previous releases and that they are on track.
    - Really keen to see the next quarterly 4C in 2 months time as I'm hoping to start to see the revenue flowing, it may not yet be a big number, but want to see evidence of revenue from UK and T-Systems contracts.

    Overall, confirms my believe that the previous sell-off has been overdone.
 
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