Management indicated the delay is down to Policy development. Expecting positive news. Hopefully we receive news on number of licensed users and a clearer picture on forecast revenue.
"Covata is pleased with its technical engagement to date, and are supportive of CPS’ extension of the POC. As advised by CPS, the extension is due to finalisation of business processes, particularly in relation to data protection and data ownership policies / standards that CPS must complete, and not due to the Covata technology assessment"
CVT Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held